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Indian stock market · indicator signal

Stochastic bearish cross on Wipro

On Wipro the stochastic bearish cross showed up 222 times. The target came first 35% of the time, the stop 59%, and 5% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily12234%60%7%
Hourly10037%59%4%

Wipro against the rest

ChartsFoundTarget firstStop firstWent nowhere
Wipro22235%59%5%
All Indian stock market charts16,24936%59%5%
Every market108,29636%58%7%

Year by year

YearFoundTarget firstStop first
20161155%36%
20171625%69%
20181436%50%
2019862%38%
2020812%62%
20211625%75%
20221250%42%
20231436%64%
20241145%55%
20257138%61%
20264124%66%

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 Wipro

Inside bar · Stochastic bullish cross · Spinning top · Doji · Gap up · Volume profile rejection · MACD bullish cross · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · 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 Wipro?

In 222 cases on Wipro, the target (1.5 × ATR) came before the stop (1 × ATR) 35% of the time and the stop came first 59%; 5% went nowhere within 12 candles.

What is the stochastic bearish cross?

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