In progress now Trend line: slope, length, strength · Trend and waves · reading up
1 hit in 25 candles · test this one alone Sign in to be alertedHit on the latest 15-minute candle — Mon 21 Sep 2026, 15:15 IST
Trend line: slope, length, strength completed on the candle that closed at Mon 21 Sep 2026, 15:15 IST, an up reading. That is the newest candle on file, so this is in progress now.
What the candles did
Over the last 20 candles the fitted line rises 0.11% per candle with R² 0.85; 15 candles since the low of the window, +1.75% from it, but the last close has slipped from the line.
Where it stands on the latest candle
Slope +0.11% per candle (up), R² 0.85 (straight), 15 candles from the window's low, +1.75% 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
No earlier hit on this name's 15-minute candles has a full 8 candles after it yet, so there is nothing to count.
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 = 0.08, 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 1 hit on this name
- Mon 21 Sep 2026, 15:15 IST up Over the last 20 candles the fitted line rises 0.11% per candle with R² 0.85; 15 candles since the low of the window, +1.75% from it, but the last close has slipped from the line.