There were clear positive divergences on weekly charts in RSI and OBV. Price made new lows but RSI and OBV on the other hand didn't. Such setups give a good long term entry on breakout.
OBV or on balance volume indicator is used for technical analysis to measure buying and selling pressure.
- Bullish OBV Divergence occurs when price declines but OBV advances. ..
Detailed technical analysis of Auropharma (NSE: AUROPHARMA) based on hourly timeframe.
Technical Indicators
RSI: The Relative Strength Index (RSI) is currently at 62.5, indicating that the stock is overbought. However, the RSI is still below the 70 level, which is considered to be overbought territory. This suggests that the stock may continue to rise in the...
NSE:BANKBARODA
Long Bank of Baroda with a target of 50 and 65 for 25 to 30 day range
SL around 35
Reasons being:
1. Expected Breakout in Long term trend line in Daily chart
2. Bullish Momentum divergence in OBV as Price is falling but OBV rises
3. Breakout in OBV trend line
XAUUSD, the symbol representing gold in the financial markets, has been demonstrating a promising bullish outlook, with the 2003-2005 support level playing a crucial role in its potential uptrend. This analysis delves into the technical and fundamental factors supporting the bullish narrative and explores potential trade opportunities.
Technical Analysis
• Price...
After a period of consolidation, GTCUSDT is showing signs of a potential bullish breakout. The cryptocurrency has formed a strong support level around the $2.20-2.30 mark, and the price has been consolidating within a narrowing range over the past few weeks.After a period of consolidation, GTCUSDT is showing signs of a potential bullish breakout. The...
Can NSE:YESBANK be a Multi Bagger Stock ?
Reason Being:
1. Stock Consolidating in the zone of Rs. 10 to 20 for almost 2.5 years
2. Resistance Breakout with Heavy Volume
3. Breakout with Rounded Bottom Formation indicating a reversal in the NSE:YESBANK
4. OBV showing a successful Breakout as OBV
5. EMA 20 Crosses Above EMA 50 in Weekly Time Frame
if you...
BTC-USD is making a tough War
The Game is getting Even More Harder today.
Sentiment Level of Traders is not good.
ADX is Currently Falling from a Height from 40.
BTC is now Getting inside of Consolidation.
But DI+ is Currently on the edge of Crossing DI- which will generate another huge Momentum.
OBV is falling again and MA is Diverging which is...
after the hidden bearish divergence from obv, Bearish divergence in MACD and RSI with price action few days ago.
it's seems it's now forming a double top.
let see if the price action can hold 200 and 50 ema (green and purple line) as if will continue the bullish growth of crypto market if it's hold and vice versa..
interestingly it's happen not far to...
ONGC: Down Trendline Broken - Trend Changed ,
Bullish Wedge (Falling Wedge),
Bullish Wedge with Bullish Breakout
Positive DIVERGENCE in RSI, W%R, OBV, Stoch, CCI & other indicators.
Div. Type Start Date Close Indicator Value End Date Close Indicator Value
RSI Positive 20/04/2017 179.1 28.41 27/04/2017 179.1 ...
![BTCUSD: BTC-USD (Signals) [June 16: Beyond Limits]](https://s3.tradingview.com/t/TcOg3CQU_mid.png "BTC-USD (Signals) [June 16: Beyond Limits]")
