Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
TA Challenge: OBV, forecast market moves & spot reversals
Views 93K Contents 112

OBV index

Is the learning journey over yet? Can you not have it? I don't want to give up!
I have learned a lot of investment skills here and look forward to sharing more wonderful content and information in the future.
Thank you very much for your instruction. @Meta Moo

I did some homework and sorted out some key points
Buying and selling points for Energy Tide Index (OBV):
1. When the OBV indicators continue to move sideways for more than three months, many parties may have accumulated sufficient strength. Since then, once the OBV index has broken through, it will form a bullish buy signal.

two。 When the stock price falls, if the OBV index rises, the OBV index deviates from the bottom, which is a bullish buy signal.

3. When the stock price rises, if the OBV index falls, the OBV index deviates from the top, which is a bearish sell signal.

4. When the OBV index rises with the stock price, it indicates that the market is in a benign upward range, which is a sign that the upward trend will continue.

5. When the OBV index accelerates, if the stock price does not accelerate, it forms a bearish sell signal.




All right, let's do it in practice to verify whether the above points are correct. Here I chose the most popular stocks to learn. $SIGA Technologies(SIGA.US)$

Keep in mind that using only one technical indicator to analyze is a dangerous way, and we should use multiple technical indicators to analyze. When several technical indicators give the same direction, we can make the right choice.

Here I use OBV+MACD to analyze:
1. You can notice that the MACD in the red grid is rising, but if we only use MACD to analyze it, we can't make any judgment, because MACD crosses many times.
At this time, we can observe the OBV index, in the red grid, we can find that the OVB index is in a consolidation state when MACD crosses many times, so this is not the time to buy.

two。 When the OBV indicators continue to move sideways for more than three months, many parties may have accumulated sufficient strength. Since then, once the OBV index has broken through, it will form a bullish buy signal.
We can notice that in the green grid, when the OBV index begins to break up after a period of consolidation, and MACD is in the golden cross, the stock price also makes a corresponding trend (starts to rise).
OBV index

As I said, stock prices usually do the same when several technical indicators give the same direction.

Haven't you learned any other technical indicators?
Check the link below.
The useful investment knowledge I have learned
👉https://www.moomoo.com/hans/community/feed/108159904251910?lang_code=0

I will try to practice in my paper investment portfolio, and you can follow.$放长线钓大鱼(PFL2017082)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
5
+0
5
See Original
Report
25K Views
最渺小的我,有大大的梦😜
1026Followers
57Following
3740Visitors
Follow