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Japanese stock market · indicator signal

Stochastic bearish cross on SoftBank

On SoftBank the stochastic bearish cross showed up 265 times. The target came first 37% of the time, the stop 60%, and 3% went nowhere within 12 candles.

Counted on SoftBank Group: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily14838%59%3%
Hourly11737%60%3%

SoftBank against the rest

ChartsFoundTarget firstStop firstWent nowhere
SoftBank26537%60%3%
All Japanese stock market charts1,12941%57%3%
Every market108,29636%58%7%

Year by year

YearFoundTarget firstStop first
20161443%50%
20171338%62%
20181421%71%
20191155%45%
20201625%69%
20211050%50%
20221735%65%
20231136%64%
20242335%65%
202510134%62%
20263551%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 SoftBank

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

The stochastic bearish cross elsewhere

Nikkei 225 · Sony · Toyota · Sensex · Nifty 50 · Dow Jones · S&P 500 · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the stochastic bearish cross work on SoftBank?

In 265 cases on SoftBank, the target (1.5 × ATR) came before the stop (1 × ATR) 37% of the time and the stop came first 60%; 3% went nowhere within 12 candles.

What is the stochastic bearish cross?

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