Chikou Span (Lagging Span)
Trend line of 26 periods behind the latest closing price
- Crossing with prior prices confirms trend change
- When price and Chikou span cross frequently indicates choppiness and not reliable
- Visualize the relationship between current and prior trends, as well as spot potential trend reversals.
- Upward trend when the Chikou above the price
- Downward when the Chikou below the price
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