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Indian stock market · indicator signal

Stochastic bearish cross on ITC

On ITC the stochastic bearish cross showed up 207 times. The target came first 30% of the time, the stop 63%, and 7% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily10226%64%10%
Hourly10534%62%4%

ITC against the rest

ChartsFoundTarget firstStop firstWent nowhere
ITC20730%63%7%
All Indian stock market charts16,24936%59%5%
Every market108,29636%58%7%

Year by year

YearFoundTarget firstStop first
20161030%40%
2017157%73%
20181145%55%
2019617%83%
2020922%67%
2021757%14%
20221916%79%
20231127%73%
2024812%88%
20257432%68%
20263743%46%

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 bearish cross is

Above 80, the fast stochastic line crossed below the slow one.

Imagine a swing that has gone as high as it can and starts to come back. A stochastic above 80 means price closed near the top of its recent range. A bearish cross there hints the swing may be turning back down.

The full stochastic bearish cross lesson, video and quiz ›

Other patterns on ITC

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

The stochastic bearish cross elsewhere

Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · State Bank of India · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the stochastic bearish cross work on ITC?

In 207 cases on ITC, the target (1.5 × ATR) came before the stop (1 × ATR) 30% of the time and the stop came first 63%; 7% went nowhere within 12 candles.

What is the stochastic bearish cross?

Above 80, the fast stochastic line crossed below the slow one.