Trading Class

Markets › Coal India › OBV bearish divergence

Indian stock market · indicator signal

OBV bearish divergence on Coal India

On Coal India the obv bearish divergence showed up 22 times. The target came first 36% of the time, the stop 59%, and 5% went nowhere within 12 candles.

Counted on Coal India: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily956%44%0%
Hourly1323%69%8%

Coal India against the rest

ChartsFoundTarget firstStop firstWent nowhere
Coal India2236%59%5%
All Indian stock market charts1,11038%58%3%
Every market8,77437%55%8%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the obv bearish divergence is

Price made a higher high, but volume flow made a lower high. Buyers were running out of force.

Imagine climbing higher up a hill while fewer and fewer friends keep climbing with you. You are higher, but with less support behind you. An OBV bearish divergence is when price makes a higher high, but OBV, the running total of volume flow, does not follow it up.

The full obv bearish divergence lesson, video and quiz ›

Other patterns on Coal India

Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Volume profile rejection · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them

The obv bearish divergence elsewhere

Bharti Airtel · Infosys · Hindalco · Vedanta · Tata Steel · Bajaj Finserv · Bajaj Auto · Kotak Mahindra Bank · TCS · Nestle India · S&P 500 · Ethereum · Bitcoin

Questions

How often does the obv bearish divergence work on Coal India?

In 22 cases on Coal India, the target (1.5 × ATR) came before the stop (1 × ATR) 36% of the time and the stop came first 59%; 5% went nowhere within 12 candles.

What is the obv bearish divergence?

Price made a higher high, but volume flow made a lower high. Buyers were running out of force.