Trading Class

Markets › Crude oil › OBV bullish divergence

Commodities · indicator signal

OBV bullish divergence on Crude oil

On Crude oil the obv bullish divergence showed up 20 times. The target came first 20% of the time, the stop 60%, and 20% went nowhere within 12 candles.

Counted on Crude oil futures: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily729%57%14%
Hourly1315%62%23%

Crude oil against the rest

ChartsFoundTarget firstStop firstWent nowhere
Crude oil2020%60%20%
All Commodities charts6337%49%14%
Every market8,28036%55%9%

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 bullish divergence is

Price made a lower low, but volume flow made a higher low. Sellers were running out of force.

Imagine a tug of war where one team pulls the rope lower, but fewer and fewer people are pulling with them. OBV counts how much trading pushes price up versus down. A bullish divergence is when price makes a lower low, but OBV does not follow it down.

The full obv bullish divergence lesson, video and quiz ›

Other patterns on Crude oil

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

The obv bullish divergence elsewhere

Sony · Ethereum · Bitcoin

Questions

How often does the obv bullish divergence work on Crude oil?

In 20 cases on Crude oil, the target (1.5 × ATR) came before the stop (1 × ATR) 20% of the time and the stop came first 60%; 20% went nowhere within 12 candles.

What is the obv bullish divergence?

Price made a lower low, but volume flow made a higher low. Sellers were running out of force.