A occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a marks the end of a downtrend.
divergences signify potential downtrends when prices rally to a new high while the oscillator refuses to reach a new peak. In this situation, bulls are losing their grip on the market, prices are rising only as a result of inertia, and the bears are ready to take control again.
On the KST there has been a cross on a 1-year chart. In this 5-year chart, it appears as though a cross is on the verge of occurring near term on the Williams .
It’s always possible this pattern plays out as a Giant , expect to see a re-test of the baseline of support & possibly a fake-out to the downside before breaching the horizontal resistance and re-testing ATH’s.