Trend Algorithm Values
Value | Signal | Description |
|---|---|---|
0-30 | Bearish | Values below 30 indicate downward price movement is likely to occur. This signal is strongest when it first occurs. As the value gets lower, it is confirmation of the downward price movement. |
31-69 | Neutral | Indicates the price movement has paused from its upward or downward trend. Importantly, a neutral signal does not mean the ending of the previous Bullish or Bearish signal. The neutral condition is not an exit condition. |
70-100 | Bullish | Values 70 and above indicates upward price movement is likely to continue. This signal is strongest when it first occurs. As the value gets higher it is confirmation of the upward price movement. |