Chandes Trendscore Stock Analysis & Chandes Trendscore Signals
Developed and Created by Tushar Chande
This indicator tries to figure out how strong a market trend is and which way it's going, by comparing the current price to the prices from the last 20 times the market closed.
Chande Trendscore is an oscillator, oscillating between +10 & -10 with Zero being the midpoint.
Chande Trendscore
Stock Analysis & How to Generate Signals
Buy Trading Signal
A value of above Zero indicate an upward trend of varying momentum
A value of +10 shows a strong trending upwards market
Buy Signal
Sell Trading Signal
A value of below Zero shows a downwards trend of varying power
A value of -10 indicates a strong trending downwards market
Sell Trade Signal
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