In progress now Trend line: slope, length, strength · Trend and waves · reading down
9 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 Mon 05 Oct 2026 through the newest one on file (2 sessions), a down reading. It is in progress now.
What the candles did
Over the last 20 candles the fitted line falls 0.54% per candle with R² 0.82; 15 candles since the high of the window, -10.75% from it, and the last close is still with the line.
Where it stands on the latest candle
Slope -0.58% per candle (down), R² 0.86 (straight), 16 candles from the window's high, -10.48% from it; the last close is with 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 +0.33%; best +5.42%, worst -9.87%. Within the window the move typically reached +3.33% in the hit's favour and -4.17% 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 9 hits on this name
- Mon 05 Oct 2026 down Over the last 20 candles the fitted line falls 0.54% per candle with R² 0.82; 15 candles since the high of the window, -10.75% from it, and the last close is still with the line.
- Wed 22 Jul 2026 up Over the last 20 candles the fitted line rises 0.45% per candle with R² 0.83; 18 candles since the low of the window, +10.90% from it, and the last close is still with the line.
- Thu 04 Dec 2025 down Over the last 20 candles the fitted line falls 0.37% per candle with R² 0.81; 16 candles since the high of the window, -7.48% from it, and the last close is still with the line.
- Wed 01 Oct 2025 up Over the last 20 candles the fitted line rises 0.33% per candle with R² 0.86; 15 candles since the low of the window, +5.27% from it, but the last close has slipped from the line.
- Tue 26 Aug 2025 down Over the last 20 candles the fitted line falls 0.55% per candle with R² 0.82; 18 candles since the high of the window, -10.32% 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 0.46% per candle with R² 0.84; 17 candles since the low of the window, +11.55% from it, and the last close is still with the line.
- Tue 04 Mar 2025 down Over the last 20 candles the fitted line falls 1.04% per candle with R² 0.81; 18 candles since the high of the window, -18.63% from it, and the last close is still with the line.
- Wed 18 Dec 2024 down Over the last 20 candles the fitted line falls 0.68% per candle with R² 0.84; 17 candles since the high of the window, -14.14% from it, and the last close is still with the line.
- Thu 31 Oct 2024 down Over the last 20 candles the fitted line falls 1.16% per candle with R² 0.85; 13 candles since the high of the window, -19.54% from it, but the last close has slipped from the line.