Chande Trendscore Stocks Analysis and Chandes Trendscore Signals

Developed by Tushar Chande

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

Chande Trendscore is an oscillator, oscillating between +10 and -10 with Zero being the midpoint.

Chandes Trendscore

Stocks Analysis and Generating Signals

Buy Signal

A value of above Zero indicate an upwards 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 shows a strong trending downwards market

Sell Signal