Markets › JSW Steel › OBV bearish divergence
Indian stock market · indicator signal
OBV bearish divergence on JSW Steel
On JSW Steel the obv bearish divergence showed up 25 times. The target came first 52% of the time, the stop 48%, and 0% went nowhere within 12 candles.
Counted on JSW Steel: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 11 | 55% | 45% | 0% |
| Hourly | 14 | 50% | 50% | 0% |
JSW Steel against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| JSW Steel | 25 | 52% | 48% | 0% |
| All Indian stock market charts | 1,110 | 38% | 58% | 3% |
| Every market | 8,774 | 37% | 55% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2018 | 3 | 33% | 67% |
| 2025 | 8 | 50% | 50% |
| 2026 | 7 | 43% | 57% |
The last 8 times
- 8 Jul 2026, 11:15 IST · hourly · target first after 2 candles
- 7 Jul 2026, 15:15 IST · hourly · stop first after 2 candles
- 3 Jul 2026, 13:15 IST · hourly · stop first after 3 candles
- 15 May 2026, 14:15 IST · hourly · stop first after 2 candles
- 11 May 2026 · daily · stop first after 3 candles
- 1 Apr 2026, 13:15 IST · hourly · target first after 3 candles
- 30 Jan 2026, 09:15 IST · hourly · target first after 7 candles
- 3 Nov 2025, 13:15 IST · hourly · target first after 4 candles
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 JSW Steel
Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · Doji · MACD bearish cross · Volume profile bounce · Volume profile rejection · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them
The obv bearish divergence elsewhere
Bharti Airtel · Infosys · Coal India · Hindalco · Vedanta · Tata Steel · Bajaj Finserv · Bajaj Auto · Kotak Mahindra Bank · TCS · S&P 500 · Ethereum · Bitcoin
Questions
How often does the obv bearish divergence work on JSW Steel?
In 25 cases on JSW Steel, the target (1.5 × ATR) came before the stop (1 × ATR) 52% of the time and the stop came first 48%; 0% 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.