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Indian stock market · indicator signal

Stochastic bearish cross on Tech Mahindra

On Tech Mahindra the stochastic bearish cross showed up 258 times. The target came first 38% of the time, the stop 60%, and 2% went nowhere within 12 candles.

Counted on Tech Mahindra: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily13434%63%3%
Hourly12443%56%1%

Tech Mahindra against the rest

ChartsFoundTarget firstStop firstWent nowhere
Tech Mahindra25838%60%2%
All Indian stock market charts16,24936%59%5%
Every market108,29636%58%7%

Year by year

YearFoundTarget firstStop first
20161020%70%
20171540%53%
20181527%73%
20191040%60%
2020933%67%
20212025%70%
20221145%55%
20231527%67%
20241553%47%
20259044%54%
20264838%62%

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 Tech Mahindra

Inside bar · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · Volume profile rejection · EMA 9/21 bullish cross · EMA 9/21 bearish cross · MACD bullish cross · RSI overbought drop · 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 Tech Mahindra?

In 258 cases on Tech Mahindra, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 60%; 2% went nowhere within 12 candles.

What is the stochastic bearish cross?

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