Chande Trendscore: Stock Signals Guide

Conceived and Engineered 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.

The Chande Trendscore functions as an oscillator, fluctuating between the values of +10 and -10, with Zero serving as the central equilibrium point.

Chande Trendscore

Stock Analysis & How to Generate Signals

Buy Trading Signal

A value of above Zero indicate an upward trend of varying momentum

+10 Value Indicates a Strong Uptrend

Buy Signal

Sell Trading Signal

A value of below Zero shows a downwards trend of varying power

A figure of -10 shows the market is strongly trending downward.

Sell Trade Signal

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