In progress now Trend line: slope, length, strength · Trend and waves · reading down
13 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 17 Sep 2026 through the newest one on file (13 sessions), a down reading. It is in progress now.
What the candles did
Over the last 20 candles the fitted line falls 0.78% per candle with R² 0.83; 15 candles since the high of the window, -15.81% from it, and the last close is still with the line.
Where it stands on the latest candle
Slope -0.88% per candle (down), R² 0.89 (straight), 18 candles from the window's high, -14.82% 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) 2 times of 13 (15%). Median move in the hit's direction -4.25%; best +8.66%, worst -14.42%. Within the window the move typically reached +3.39% in the hit's favour and -6.65% against it. On this name it has more often gone the other way.
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
- Thu 17 Sep 2026 down Over the last 20 candles the fitted line falls 0.78% per candle with R² 0.83; 15 candles since the high of the window, -15.81% from it, and the last close is still with the line.
- Mon 17 Aug 2026 up Over the last 20 candles the fitted line rises 0.73% per candle with R² 0.84; 16 candles since the low of the window, +12.03% from it, but the last close has slipped from the line.
- Mon 27 Jul 2026 down Over the last 20 candles the fitted line falls 0.60% per candle with R² 0.84; 15 candles since the high of the window, -9.46% 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 1.14% per candle with R² 0.82; 14 candles since the low of the window, +30.93% from it, and the last close is still with the line.
- Mon 02 Mar 2026 down Over the last 20 candles the fitted line falls 0.54% per candle with R² 0.84; 15 candles since the high of the window, -10.62% from it, and the last close is still with the line.
- Wed 10 Dec 2025 down Over the last 20 candles the fitted line falls 0.61% per candle with R² 0.80; 14 candles since the high of the window, -13.80% from it, and the last close is still with the line.
- Fri 07 Nov 2025 down Over the last 20 candles the fitted line falls 0.37% per candle with R² 0.82; 19 candles since the high of the window, -7.56% from it, and the last close is still with the line.
- Tue 23 Sep 2025 up Over the last 20 candles the fitted line rises 0.78% per candle with R² 0.82; 17 candles since the low of the window, +12.92% from it, but the last close has slipped from the line.
- Fri 25 Jul 2025 down Over the last 20 candles the fitted line falls 0.77% per candle with R² 0.87; 15 candles since the high of the window, -13.29% from it, and the last close is still with the line.
- Thu 29 May 2025 up Over the last 20 candles the fitted line rises 1.44% per candle with R² 0.83; 16 candles since the low of the window, +33.20% from it, and the last close is still with the line.
- Mon 24 Mar 2025 up Over the last 20 candles the fitted line rises 1.22% per candle with R² 0.82; 16 candles since the low of the window, +26.30% from it, and the last close is still with the line.
- Mon 13 Jan 2025 down Over the last 20 candles the fitted line falls 1.02% per candle with R² 0.81; 18 candles since the high of the window, -23.62% from it, and the last close is still with the line.