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US stock market · indicator signal

OBV bullish divergence on Nasdaq 100

On Nasdaq 100 the obv bullish divergence showed up 22 times. The target came first 32% of the time, the stop 64%, and 5% went nowhere within 12 candles.

Counted on Nasdaq 100: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily922%67%11%
Hourly1338%62%0%

Nasdaq 100 against the rest

ChartsFoundTarget firstStop firstWent nowhere
Nasdaq 1002232%64%5%
All US stock market charts59339%56%5%
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 Nasdaq 100

Inside bar · Stochastic bearish cross · Gap up · Gap down · Stochastic bullish cross · MACD bearish cross · Spinning top · RSI overbought drop · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them

The obv bullish divergence elsewhere

Alibaba · Broadcom · Oracle · Nvidia · Meta · Boeing · Amazon · Bank of America · Alphabet (Google) · Netflix · Sony · Ethereum · Bitcoin

Questions

How often does the obv bullish divergence work on Nasdaq 100?

In 22 cases on Nasdaq 100, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 64%; 5% 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.