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Commodities · indicator signal

Stochastic bullish cross on Crude oil

On Crude oil the stochastic bullish cross showed up 199 times. The target came first 39% of the time, the stop 52%, and 10% 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
Daily9435%54%11%
Hourly10542%50%9%

Crude oil against the rest

ChartsFoundTarget firstStop firstWent nowhere
Crude oil19939%52%10%
All Commodities charts72838%52%9%
Every market98,04135%57%8%

Year by year

YearFoundTarget firstStop first
20161242%58%
20171040%60%
20181233%67%
2019633%33%
20201050%50%
2021540%40%
20221233%42%
2023922%78%
20245336%53%
20256942%48%

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 stochastic bullish cross is

Below 20, the fast stochastic line crossed above the slow one.

Imagine a swing that has gone as far back as it can and starts to come forward again. The stochastic is a gauge from 0 to 100 that shows where price closed compared with its recent highs and lows. Below 20 means price is near the bottom of its recent range, and a bullish cross there hints the swing may be turning.

The full stochastic bullish cross lesson, video and quiz ›

Other patterns on Crude oil

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

The stochastic bullish cross elsewhere

Gold · Silver · Copper · Natural gas · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY

Questions

How often does the stochastic bullish cross work on Crude oil?

In 199 cases on Crude oil, the target (1.5 × ATR) came before the stop (1 × ATR) 39% of the time and the stop came first 52%; 10% went nowhere within 12 candles.

What is the stochastic bullish cross?

Below 20, the fast stochastic line crossed above the slow one.