Trading Class

Markets › Infosys › OBV bearish divergence

Indian stock market · indicator signal

OBV bearish divergence on Infosys

On Infosys the obv bearish divergence showed up 23 times. The target came first 35% of the time, the stop 61%, and 4% went nowhere within 12 candles.

Counted on Infosys: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily729%57%14%
Hourly1638%62%0%

Infosys against the rest

ChartsFoundTarget firstStop firstWent nowhere
Infosys2335%61%4%
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 Infosys

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · Gap up · Gap down · MACD bearish cross · Volume profile rejection · Volume profile bounce · all of them

The obv bearish divergence elsewhere

Bharti Airtel · Coal India · 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 Infosys?

In 23 cases on Infosys, the target (1.5 × ATR) came before the stop (1 × ATR) 35% of the time and the stop came first 61%; 4% 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.