Chandes Trendscore Stock Analysis & Chandes Trendscore Trading Signals

Developed by Tushar Chande

This indicator attempts to make a quantitative & qualitative determination of the direction and strength of a market trend by comparing the current close price to prior closing prices over the last 20 periods.

Chandes Trendscore is an oscillator, oscillating between +10 & -10 with Zero being the mid point.

Chande Trendscore

Stock Analysis & How to Generate Signals

Buy Signal

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

A value of +10 shows a strong trending upwards market

Buy Signal

Sell Signal

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

A value of -10 indicates a strong trending downwards market

Sell Signal