In progress now Trend line: slope, length, strength · Trend and waves · reading up
3 hits in 111 candles · test this one alone Sign in to be alertedHit on the latest weekly candle — week of 05 Oct 2026
Trend line: slope, length, strength has held from the candle of week of 29 Jun 2026 through the newest one on file (15 weeks), an up reading. It is in progress now.
What the candles did
Over the last 20 candles the fitted line rises 2.36% per candle with R² 0.90; 16 candles since the low of the window, +48.13% from it, but the last close has slipped from the line.
Where it stands on the latest candle
Slope +1.92% per candle (up), R² 0.82 (straight), 19 candles from the window's low, +37.21% 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 3 earlier hits on this name's weekly candles with 4 weeks after them — too few to say what usually follows. For what it is worth: the close 4 weeks later went the hit's way 3 of 3 times, median move +11.58%.
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 3 hits on this name
- week of 29 Jun 2026 up Over the last 20 candles the fitted line rises 2.36% per candle with R² 0.90; 16 candles since the low of the window, +48.13% from it, but the last close has slipped from the line.
- week of 21 Jul 2025 up Over the last 20 candles the fitted line rises 1.46% per candle with R² 0.80; 17 candles since the low of the window, +20.57% from it, but the last close has slipped from the line.
- week of 06 Jan 2025 down Over the last 20 candles the fitted line falls 1.17% per candle with R² 0.90; 17 candles since the high of the window, -20.54% from it, and the last close is still with the line.