Trading Class

Markets › State Bank of India › Stochastic bullish cross

Indian stock market · indicator signal

Stochastic bullish cross on State Bank of India

On State Bank of India the stochastic bullish cross showed up 239 times. The target came first 42% of the time, the stop 53%, and 5% went nowhere within 12 candles.

Counted on State Bank of India: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily10538%56%6%
Hourly13446%51%4%

State Bank of India against the rest

ChartsFoundTarget firstStop firstWent nowhere
State Bank of India23942%53%5%
All Indian stock market charts15,19540%55%5%
Every market98,04135%57%8%

Year by year

YearFoundTarget firstStop first
20161040%60%
20172035%55%
20181533%67%
20191267%33%
2020850%50%
2021922%67%
2022956%44%
20231030%70%
20241414%64%
20258143%53%
20265151%45%

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 bullish cross is

Below 20, the fast stochastic line crossed above the slow one.

Imagine a swing that has gone as far back as it can and starts to come forward again. The stochastic is a gauge from 0 to 100 that shows where price closed compared with its recent highs and lows. Below 20 means price is near the bottom of its recent range, and a bullish cross there hints the swing may be turning.

The full stochastic bullish cross lesson, video and quiz ›

Other patterns on State Bank of India

Inside bar · Stochastic bearish cross · Doji · Spinning top · MACD bearish cross · Volume profile rejection · Volume profile bounce · EMA 9/21 bullish cross · EMA 9/21 bearish cross · Gap up · all of them

The stochastic bullish cross elsewhere

Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · Shriram Finance · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the stochastic bullish cross work on State Bank of India?

In 239 cases on State Bank of India, the target (1.5 × ATR) came before the stop (1 × ATR) 42% of the time and the stop came first 53%; 5% went nowhere within 12 candles.

What is the stochastic bullish cross?

Below 20, the fast stochastic line crossed above the slow one.