In progress now Trend line: slope, length, strength · Trend and waves · reading up
1 hit in 63 candles · test this one alone Sign in to be alertedHit on the latest hourly candle — Tue 22 Sep 2026, 15:15 IST
Trend line: slope, length, strength has held from the candle of Thu 17 Sep 2026, 14:15 IST through the newest one on file (23 candles), an up reading. It is in progress now.
What the candles did
Over the last 20 candles the fitted line rises 0.58% per candle with R² 0.82; 18 candles since the low of the window, +10.78% from it, but the last close has slipped from the line.
Where it stands on the latest candle
Slope +0.64% per candle (up), R² 0.89 (straight), 19 candles from the window's low, +10.24% 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
Only 1 earlier hit on this name's hourly candles with 4 candles after them — too few to say what usually follows. For what it is worth: the close 4 candles later went the hit's way 1 of 1 times, median move +4.99%.
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 = 0.08, 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 1 hit on this name
- Thu 17 Sep 2026, 14:15 IST up Over the last 20 candles the fitted line rises 0.58% per candle with R² 0.82; 18 candles since the low of the window, +10.78% from it, but the last close has slipped from the line.