In progress now Trend line: slope, length, strength · Trend and waves · reading down
5 hits in 146 candles · test this one alone Sign in to be alertedHit on the latest weekly candle — week of 05 Oct 2026
Trend line: slope, length, strength has held from the candle of week of 31 Aug 2026 through the newest one on file (6 weeks), a down reading. It is in progress now.
What the candles did
Over the last 20 candles the fitted line falls 1.55% per candle with R² 0.90; 19 candles since the high of the window, -22.14% from it, but the last close has slipped from the line.
Where it stands on the latest candle
Slope -1.42% per candle (down), R² 0.82 (straight), 17 candles from the window's high, -20.29% 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 5 earlier hits on this name's weekly candles, the close 4 weeks later went the hit's way 3 times of 5 (60%). Median move in the hit's direction +17.00%; best +22.83%, worst -14.65%. Within the window the move typically reached +17.00% in the hit's favour and -4.72% 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 5 hits on this name
- week of 31 Aug 2026 down Over the last 20 candles the fitted line falls 1.55% per candle with R² 0.90; 19 candles since the high of the window, -22.14% from it, but the last close has slipped from the line.
- week of 02 Mar 2026 down Over the last 20 candles the fitted line falls 2.36% per candle with R² 0.80; 16 candles since the high of the window, -43.81% from it, and the last close is still with the line.
- week of 07 Apr 2025 down Over the last 20 candles the fitted line falls 4.14% per candle with R² 0.85; 17 candles since the high of the window, -55.52% from it, but the last close has slipped from the line.
- week of 12 Aug 2024 down Over the last 20 candles the fitted line falls 2.85% per candle with R² 0.81; 18 candles since the high of the window, -38.36% from it, but the last close has slipped from the line.
- week of 22 Apr 2024 down Over the last 20 candles the fitted line falls 3.92% per candle with R² 0.85; 15 candles since the high of the window, -48.45% from it, and the last close is still with the line.