In progress now Trend line: slope, length, strength · Trend and waves · reading down
14 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 completed on the candle that closed at Tue 06 Oct 2026, a down 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 falls 0.37% per candle with R² 0.80; 17 candles since the high of the window, -8.39% from it, but the last close has slipped from the line.
Where it stands on the latest candle
Slope -0.37% per candle (down), R² 0.80 (straight), 17 candles from the window's high, -8.39% 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 13 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 13 (46%). Median move in the hit's direction -0.54%; best +10.64%, worst -10.94%. Within the window the move typically reached +4.19% in the hit's favour and -7.44% 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 12 hits on this name
- Tue 06 Oct 2026 down Over the last 20 candles the fitted line falls 0.37% per candle with R² 0.80; 17 candles since the high of the window, -8.39% from it, but the last close has slipped from the line.
- Thu 27 Aug 2026 down Over the last 20 candles the fitted line falls 0.36% per candle with R² 0.82; 18 candles since the high of the window, -6.65% from it, but the last close has slipped from the line.
- Thu 09 Jul 2026 down Over the last 20 candles the fitted line falls 0.58% per candle with R² 0.82; 16 candles since the high of the window, -10.21% from it, and the last close is still with the line.
- Tue 26 May 2026 down Over the last 20 candles the fitted line falls 0.94% per candle with R² 0.91; 18 candles since the high of the window, -13.42% from it, but the last close has slipped from the line.
- Wed 22 Apr 2026 up Over the last 20 candles the fitted line rises 1.38% per candle with R² 0.80; 14 candles since the low of the window, +37.94% from it, and the last close is still with the line.
- Fri 06 Mar 2026 down Over the last 20 candles the fitted line falls 0.69% per candle with R² 0.82; 17 candles since the high of the window, -15.07% from it, and the last close is still with the line.
- Thu 29 Jan 2026 down Over the last 20 candles the fitted line falls 1.04% per candle with R² 0.83; 17 candles since the high of the window, -15.04% from it, but the last close has slipped from the line.
- Tue 27 Jan 2026 down Over the last 20 candles the fitted line falls 1.00% per candle with R² 0.81; 15 candles since the high of the window, -18.40% from it, and the last close is still with the line.
- Wed 26 Nov 2025 down Over the last 20 candles the fitted line falls 0.48% per candle with R² 0.87; 16 candles since the high of the window, -9.34% from it, but the last close has slipped from the line.
- Fri 10 Oct 2025 down Over the last 20 candles the fitted line falls 0.55% per candle with R² 0.81; 14 candles since the high of the window, -8.36% from it, but the last close has slipped from the line.
- Tue 05 Aug 2025 down Over the last 20 candles the fitted line falls 0.62% per candle with R² 0.82; 16 candles since the high of the window, -12.04% from it, and the last close is still with the line.
- Mon 14 Jul 2025 up Over the last 20 candles the fitted line rises 0.69% per candle with R² 0.80; 15 candles since the low of the window, +15.84% from it, and the last close is still with the line.