Penny stocks (under $5) where On-Balance Volume (OBV) is making higher highs while price makes lower highs — a bullish divergence indicating that volume is accumulating despite weak price action. Often a precursor to a breakout.
As of today's market close, our scanners identified 10 penny stocks triggering a OBV bullish divergence — a volume accumulating while price stays flat or weakens. At the top of the ranking, Nova Minerals Corp (NVA) presents a complex picture — while the OBV bullish divergence is confirmed by OBV Bull Div, the presence of Triple MA Bear suggests the move may lack full conviction. Also noteworthy: Elite Express Holding Inc. Class A Common Stock (ETS) showing ST Triple Bear, Stoch Bull (OS), OBV Bull Div with strong relative strength (RS 95). Review the full ranked list below for additional setups.
| # | Symbol | Company | Price | RSI | RS | 1M Perf | Signals |
|---|---|---|---|---|---|---|---|
| 1 | NVA | Nova Minerals Corp | $4.8400 | 38 | 96 | -21.8% | Triple MA BearOBV Bull Div |
| 2 | ETS | Elite Express Holding Inc. Class A Common Stock | $1.4300 | 46 | 95 | 5.2% | ST Triple BearStoch Bull (OS)OBV Bull Div |
| 3 | WHWK | Whitehawk Therapeutics, Inc. Common Stock | $3.3800 | 28 | 93 | -18.0% | Triple MA BearST Triple BearRSI Oversold |
| 4 | HYLN | Hyliion Holdings Corp. | $3.7600 | 44 | 93 | -3.3% | Triple MA BearStoch Bull (OS)OBV Bull Div |
| 5 | HBNB | Hotel101 Global Holdings Corp. Class A Ordinary Shares | $4.2500 | 34 | 91 | -15.2% | Triple MA BearST Triple BearOBV Bull Div |
| 6 | DIBS | 1stdibs.com, Inc. Common Stock | $3.6700 | 34 | 91 | -15.6% | Triple MA BearST Triple BearOBV Bull Div |
| 7 | JWEL | Jowell Global Ltd. Ordinary Shares | $2.2800 | 44 | 88 | 7.0% | Squeeze (Bull Mom)OBV Bull Div |
| 8 | GCTS | GCT Semiconductor Holding, Inc. | $1.9300 | 42 | 86 | 0.0% | Triple MA BearOBV Bull Div |
| 9 | KOPN | Kopin Corp | $4.1300 | 40 | 79 | -5.9% | OBV Bull Div |
| 10 | CGEN | Compugen Ltd | $2.0700 | 28 | 77 | -16.2% | Triple MA BearST Triple BearRSI Oversold |
On-Balance Volume cumulates volume directionally: it adds volume on up days and subtracts on down days. Rising OBV means net buying pressure even if price isn't reflecting it yet — interpreted as "someone is accumulating."
A bullish OBV divergence (OBV trending up while price trends down or flat) is the classic "smart money loading" signal. The thesis: institutional buyers absorb supply through patient bids without spiking price, then the dam eventually breaks.
In penny stocks this signal is especially valuable because it can identify accumulation BEFORE the breakout reveals it on the price chart. Risk: divergences can persist longer than seems possible. Pair with:
On-Balance Volume (OBV) cumulates volume directionally: it adds the period's volume on up days and subtracts on down days. Rising OBV means net buying pressure even if price doesn't yet reflect it. A bullish OBV divergence (OBV trending up while price stays flat or weak) is the classic accumulation signal — institutional buyers absorbing supply patiently before the breakout.
Stocks under accumulation — the same scan with no price cap.