Chandes Trendscore Stock Indices Technical Analysis & Chandes Trendscore Stock Indices Signals

Developed by Tushar Chande

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

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

Chandes Trendscore

Indices Technical Analysis & How to Generate Signals

Buy Stock Indices Signal

A value of above Zero signify and show an upward stock indices trend of varying strength

A value of +10 indicates a strong trending upwards market

Buy Indices Signal

Sell Stock Indices Signal

A value of below Zero indicates a downwards stock indices trend of varying strength

A value of -10 indicates a strong trending downward market

Sell Indices Signal