In progress now Trend line: slope, length, strength · Trend and waves · reading down
8 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 0.81% per candle with R² 0.84; 18 candles since the high of the window, -14.14% from it, and the last close is still with the line.
Where it stands on the latest candle
Slope -0.83% per candle (down), R² 0.85 (straight), 19 candles from the window's high, -11.31% 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 7 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) 5 times of 7 (71%). Median move in the hit's direction +2.32%; best +16.48%, worst -4.86%. Within the window the move typically reached +7.04% in the hit's favour and -4.34% 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 8 hits on this name
- Thu 01 Oct 2026 down Over the last 20 candles the fitted line falls 0.81% per candle with R² 0.84; 18 candles since the high of the window, -14.14% from it, and the last close is still with the line.
- Wed 02 Sep 2026 down Over the last 20 candles the fitted line falls 0.66% per candle with R² 0.80; 13 candles since the high of the window, -9.42% from it, but the last close has slipped from the line.
- Wed 01 Jul 2026 up Over the last 20 candles the fitted line rises 1.00% per candle with R² 0.85; 16 candles since the low of the window, +20.84% from it, and the last close is still with the line.
- Tue 21 Apr 2026 up Over the last 20 candles the fitted line rises 0.56% per candle with R² 0.90; 17 candles since the low of the window, +11.32% from it, but the last close has slipped from the line.
- Tue 26 Aug 2025 up Over the last 20 candles the fitted line rises 0.76% per candle with R² 0.83; 13 candles since the low of the window, +12.66% from it, but the last close has slipped from the line.
- Fri 11 Jul 2025 up Over the last 20 candles the fitted line rises 0.82% per candle with R² 0.81; 15 candles since the low of the window, +17.35% from it, but the last close has slipped from the line.
- Fri 25 Apr 2025 up Over the last 20 candles the fitted line rises 1.16% per candle with R² 0.84; 18 candles since the low of the window, +21.61% from it, but the last close has slipped from the line.
- Thu 10 Oct 2024 down Over the last 20 candles the fitted line falls 0.64% per candle with R² 0.89; 13 candles since the high of the window, -12.17% from it, and the last close is still with the line.