In progress now Trend line: slope, length, strength · Trend and waves · reading down
6 hits in 239 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 0.79% per candle with R² 0.85; 18 candles since the high of the window, -14.18% from it, and the last close is still with the line.
Where it stands on the latest candle
Slope -0.79% per candle (down), R² 0.85 (straight), 18 candles from the window's high, -14.18% 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 5 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 2 times of 5 (40%). Median move in the hit's direction -0.46%; best +7.78%, worst -1.56%. Within the window the move typically reached +6.92% in the hit's favour and -4.31% 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 6 hits on this name
- Tue 06 Oct 2026 down Over the last 20 candles the fitted line falls 0.79% per candle with R² 0.85; 18 candles since the high of the window, -14.18% from it, and the last close is still with the line.
- Wed 26 Aug 2026 up Over the last 20 candles the fitted line rises 1.08% per candle with R² 0.83; 18 candles since the low of the window, +21.99% from it, but the last close has slipped from the line.
- Mon 24 Aug 2026 up Over the last 20 candles the fitted line rises 1.05% per candle with R² 0.81; 16 candles since the low of the window, +19.12% from it, but the last close has slipped from the line.
- Tue 28 Jul 2026 up Over the last 20 candles the fitted line rises 0.75% per candle with R² 0.85; 17 candles since the low of the window, +17.49% from it, but the last close has slipped from the line.
- Thu 23 Apr 2026 up Over the last 20 candles the fitted line rises 1.15% per candle with R² 0.83; 19 candles since the low of the window, +20.86% from it, and the last close is still with the line.
- Fri 13 Feb 2026 up Over the last 20 candles the fitted line rises 1.21% per candle with R² 0.80; 14 candles since the low of the window, +20.69% from it, but the last close has slipped from the line.