Chande Trendscore Stock Analysis & Chandes Trendscore Trading Signals
Developed by Tushar Chande
This stock indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market stock trend by comparing the current close stocks price to previous closing stock prices over the last 20 periods.
Chande Trendscore is an oscillator, oscillating between +10 & -10 with Zero being the midpoint.
Chande's Trendscore
Stock Trading Analysis & Generating Trading Signals
Buy Trading Signal
A value of above Zero indicate an upward stock trend of varying strength
A value of +10 indicates a strong trending upwards market
Buy Trading Signal
Sell Trading Signal
A value of below Zero indicates a downwards stock trend of varying strength
A value of -10 indicates a strong trending downwards market
Sell Trading Signal
