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 Tue 29 Sep 2026 through the newest one on file (5 sessions), a down reading. It is in progress now.
What the candles did
Over the last 20 candles the fitted line falls 0.39% per candle with R² 0.80; 16 candles since the high of the window, -9.13% from it, and the last close is still with the line.
Where it stands on the latest candle
Slope -0.48% per candle (down), R² 0.94 (straight), 19 candles from the window's high, -8.40% 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 -1.02%; best +9.93%, worst -9.23%. Within the window the move typically reached +4.82% in the hit's favour and -4.03% 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
- Tue 29 Sep 2026 down Over the last 20 candles the fitted line falls 0.39% per candle with R² 0.80; 16 candles since the high of the window, -9.13% from it, and the last close is still with the line.
- Thu 23 Apr 2026 up Over the last 20 candles the fitted line rises 0.98% per candle with R² 0.84; 15 candles since the low of the window, +21.06% from it, but the last close has slipped from the line.
- Tue 10 Mar 2026 down Over the last 20 candles the fitted line falls 0.69% per candle with R² 0.82; 13 candles since the high of the window, -12.31% from it, and the last close is still with the line.
- Thu 11 Dec 2025 down Over the last 20 candles the fitted line falls 0.65% per candle with R² 0.81; 16 candles since the high of the window, -11.67% from it, but the last close has slipped from the line.
- Tue 23 Sep 2025 up Over the last 20 candles the fitted line rises 0.46% per candle with R² 0.87; 18 candles since the low of the window, +8.57% 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 0.69% per candle with R² 0.81; 14 candles since the high of the window, -12.53% 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 0.92% per candle with R² 0.83; 18 candles since the high of the window, -17.83% from it, and the last close is still with the line.
- Tue 31 Dec 2024 down Over the last 20 candles the fitted line falls 0.78% per candle with R² 0.82; 18 candles since the high of the window, -12.25% from it, but the last close has slipped from the line.
- Thu 12 Dec 2024 up Over the last 20 candles the fitted line rises 0.87% per candle with R² 0.82; 15 candles since the low of the window, +13.33% from it, but the last close has slipped from the line.