In progress now Trend line: slope, length, strength · Trend and waves · reading down
10 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 1.26% per candle with R² 0.83; 19 candles since the high of the window, -22.83% from it, but the last close has slipped from the line.
Where it stands on the latest candle
Slope -1.26% per candle (down), R² 0.83 (straight), 19 candles from the window's high, -22.83% 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 9 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 4 times of 9 (44%). Median move in the hit's direction -0.00%; best +8.06%, worst -25.35%. Within the window the move typically reached +4.26% in the hit's favour and -8.11% 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 10 hits on this name
- Tue 06 Oct 2026 down Over the last 20 candles the fitted line falls 1.26% per candle with R² 0.83; 19 candles since the high of the window, -22.83% from it, but the last close has slipped from the line.
- Fri 04 Sep 2026 down Over the last 20 candles the fitted line falls 0.74% per candle with R² 0.83; 16 candles since the high of the window, -13.04% from it, and the last close is still with the line.
- Wed 08 Jul 2026 down Over the last 20 candles the fitted line falls 0.47% per candle with R² 0.81; 16 candles since the high of the window, -9.62% from it, and the last close is still with the line.
- Tue 19 May 2026 down Over the last 20 candles the fitted line falls 0.50% per candle with R² 0.84; 19 candles since the high of the window, -9.28% from it, and the last close is still with the line.
- Mon 16 Mar 2026 down Over the last 20 candles the fitted line falls 1.49% per candle with R² 0.82; 18 candles since the high of the window, -29.70% from it, and the last close is still with the line.
- Wed 17 Dec 2025 down Over the last 20 candles the fitted line falls 0.52% per candle with R² 0.90; 18 candles since the high of the window, -11.43% from it, and the last close is still with the line.
- Thu 27 Nov 2025 down Over the last 20 candles the fitted line falls 0.72% per candle with R² 0.83; 16 candles since the high of the window, -12.00% from it, and the last close is still with the line.
- Mon 15 Sep 2025 down Over the last 20 candles the fitted line falls 0.50% per candle with R² 0.88; 19 candles since the high of the window, -9.94% from it, but the last close has slipped from the line.
- Thu 12 Jun 2025 down Over the last 20 candles the fitted line falls 0.64% per candle with R² 0.81; 19 candles since the high of the window, -9.76% from it, but the last close has slipped from the line.
- Wed 19 Mar 2025 down Over the last 20 candles the fitted line falls 1.04% per candle with R² 0.87; 17 candles since the high of the window, -19.57% from it, and the last close is still with the line.