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 Wed 16 Sep 2026 through the newest one on file (14 sessions), a down reading. It is in progress now.
What the candles did
Over the last 20 candles the fitted line falls 0.42% per candle with R² 0.81; 13 candles since the high of the window, -7.41% from it, and the last close is still with the line.
Where it stands on the latest candle
Slope -0.52% per candle (down), R² 0.90 (straight), 18 candles from the window's high, -8.99% 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 8 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) 4 times of 8 (50%). Median move in the hit's direction +1.71%; best +7.29%, worst -8.45%. Within the window the move typically reached +3.82% in the hit's favour and -2.84% against it. On this name that is a coin toss.
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
- Wed 16 Sep 2026 down Over the last 20 candles the fitted line falls 0.42% per candle with R² 0.81; 13 candles since the high of the window, -7.41% from it, and the last close is still with the line.
- Mon 03 Aug 2026 up Over the last 20 candles the fitted line rises 0.44% per candle with R² 0.81; 14 candles since the low of the window, +10.58% from it, and the last close is still with the line.
- Wed 18 Mar 2026 down Over the last 20 candles the fitted line falls 0.94% per candle with R² 0.81; 13 candles since the high of the window, -14.19% from it, but the last close has slipped from the line.
- Fri 20 Feb 2026 up Over the last 20 candles the fitted line rises 0.85% per candle with R² 0.81; 19 candles since the low of the window, +13.82% from it, but the last close has slipped from the line.
- Mon 12 Jan 2026 up Over the last 20 candles the fitted line rises 0.32% per candle with R² 0.81; 18 candles since the low of the window, +5.30% from it, but the last close has slipped from the line.
- Tue 19 Aug 2025 up Over the last 20 candles the fitted line rises 0.45% per candle with R² 0.87; 15 candles since the low of the window, +10.26% from it, and the last close is still with the line.
- Tue 01 Jul 2025 up Over the last 20 candles the fitted line rises 0.39% per candle with R² 0.82; 18 candles since the low of the window, +7.67% from it, and the last close is still with the line.
- Thu 27 Mar 2025 up Over the last 20 candles the fitted line rises 0.59% per candle with R² 0.82; 18 candles since the low of the window, +11.99% from it, but the last close has slipped from the line.