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Indian stock market · indicator signal

Stochastic bearish cross on Power Grid

On Power Grid the stochastic bearish cross showed up 219 times. The target came first 32% of the time, the stop 63%, and 5% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily10134%56%10%
Hourly11830%69%1%

Power Grid against the rest

ChartsFoundTarget firstStop firstWent nowhere
Power Grid21932%63%5%
All Indian stock market charts16,24936%59%5%
Every market108,29636%58%7%

Year by year

YearFoundTarget firstStop first
20161527%60%
2017933%67%
2018922%56%
20191225%58%
2020838%50%
20211233%67%
20221060%20%
20231429%71%
2024743%57%
20257629%71%
20264732%64%

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 Power Grid

Inside bar · Stochastic bullish cross · Volume profile rejection · Doji · Spinning top · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish 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 Power Grid?

In 219 cases on Power Grid, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 63%; 5% went nowhere within 12 candles.

What is the stochastic bearish cross?

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