In progress now Trend line: slope, length, strength · Trend and waves · reading down
11 hits in 520 candles · test this one alone Sign in to be alertedHit on the latest daily candle — Tue 06 Oct 2026
Trend line: slope, length, strength has held from the candle of Thu 01 Oct 2026 through the newest one on file (3 sessions), a down reading. It is in progress now.
What the candles did
Over the last 20 candles the fitted line falls 0.68% per candle with R² 0.81; 17 candles since the high of the window, -16.31% from it, and the last close is still with the line.
Where it stands on the latest candle
Slope -0.80% per candle (down), R² 0.88 (straight), 19 candles from the window's high, -14.15% from it; the last close is off the line.
What this pattern is taken to mean
The straight-line fit through the last N closes: how steep, how long, how clean. This is the slope/length/strength reading (R6) and a version of the 20-candle rule that fires on a clean run even when one close in the middle dipped.
What followed on this name's own record
After 10 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 6 times of 10 (60%). Median move in the hit's direction +0.71%; best +6.01%, worst -17.97%. Within the window the move typically reached +4.97% in the hit's favour and -5.19% against it.
An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.
The rule, exactly as checked · n = 20, min_slope_pct = 0.25, min_r2 = 0.8
- Fit a least-squares line through the last N closes (x = candle index).
- Slope % = slope / mean close × 100, per candle. R² = share of the variance the line explains (1 = a ruler, 0 = chop).
- Length = candles since the window's low (for a rising line) or high (falling). Magnitude = % from that extreme to the last close.
- Continuing = the last close is on the slope's side of the fitted line, or the last three closes all moved with the slope.
- The pattern completes when |slope %| ≥ min_slope_pct and R² ≥ min_r2; consecutive qualifying candles count once, at the first.
- Progress always reports the current slope, R², length, magnitude and whether it is continuing.
The last 11 hits on this name
- Thu 01 Oct 2026 down Over the last 20 candles the fitted line falls 0.68% per candle with R² 0.81; 17 candles since the high of the window, -16.31% from it, and the last close is still with the line.
- Thu 27 Aug 2026 down Over the last 20 candles the fitted line falls 0.93% per candle with R² 0.81; 14 candles since the high of the window, -15.30% from it, but the last close has slipped from the line.
- Mon 09 Mar 2026 down Over the last 20 candles the fitted line falls 0.87% per candle with R² 0.86; 19 candles since the high of the window, -18.43% from it, and the last close is still with the line.
- Tue 27 Jan 2026 down Over the last 20 candles the fitted line falls 1.15% per candle with R² 0.81; 15 candles since the high of the window, -20.84% from it, and the last close is still with the line.
- Tue 09 Sep 2025 up Over the last 20 candles the fitted line rises 0.93% per candle with R² 0.80; 18 candles since the low of the window, +23.05% from it, and the last close is still with the line.
- Thu 31 Jul 2025 down Over the last 20 candles the fitted line falls 0.37% per candle with R² 0.84; 17 candles since the high of the window, -8.36% from it, and the last close is still with the line.
- Wed 18 Jun 2025 down Over the last 20 candles the fitted line falls 1.16% per candle with R² 0.86; 19 candles since the high of the window, -17.16% from it, and the last close is still with the line.
- Tue 01 Apr 2025 up Over the last 20 candles the fitted line rises 0.45% per candle with R² 0.81; 14 candles since the low of the window, +8.79% from it, and the last close is still with the line.
- Fri 28 Feb 2025 down Over the last 20 candles the fitted line falls 0.84% per candle with R² 0.81; 18 candles since the high of the window, -15.33% from it, and the last close is still with the line.
- Tue 24 Dec 2024 down Over the last 20 candles the fitted line falls 0.61% per candle with R² 0.84; 16 candles since the high of the window, -12.21% from it, and the last close is still with the line.
- Wed 25 Sep 2024 up Over the last 20 candles the fitted line rises 0.56% per candle with R² 0.80; 13 candles since the low of the window, +11.08% from it, and the last close is still with the line.