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Indian stock market · indicator signal
OBV bearish divergence on ONGC
On ONGC the obv bearish divergence showed up 23 times. The target came first 30% of the time, the stop 65%, and 4% went nowhere within 12 candles.
Counted on ONGC: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 6 | 33% | 67% | 0% |
| Hourly | 17 | 29% | 65% | 6% |
ONGC against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| ONGC | 23 | 30% | 65% | 4% |
| All Indian stock market charts | 1,110 | 38% | 58% | 3% |
| Every market | 8,774 | 37% | 55% | 8% |
The last 8 times
- 17 Sep 2026 · daily · stop first after 4 candles
- 5 Jun 2026, 09:15 IST · hourly · target first after 3 candles
- 18 May 2026, 09:15 IST · hourly · went nowhere
- 10 Apr 2026, 12:15 IST · hourly · target first after 2 candles
- 25 Mar 2026, 12:15 IST · hourly · stop first after 4 candles
- 6 Feb 2026, 09:15 IST · hourly · stop first after 1 candle
- 5 Jan 2026, 09:15 IST · hourly · stop first after 1 candle
- 27 Nov 2025, 09:15 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 ONGC
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Volume profile rejection · Doji · MACD bearish cross · MACD bullish cross · 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 ONGC?
In 23 cases on ONGC, the target (1.5 × ATR) came before the stop (1 × ATR) 30% of the time and the stop came first 65%; 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.