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Tenkan-Sen (Conversion Line)
SPDR S&P 500 ETF TRUST
Education
Tenkan-Sen (Conversion Line)
By SPYvsGME
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Updated
Jan 9, 2022
4
Jan 9, 2022
The Tenkan-Sen is 9 period mid-point of high and low price.
Highlights short-term price direction via its slope
Tenkan-Sen is its own line/indicator but used to calculate leading span A
Cross over the Kijun-Sen (Base Line) as a buy/sell signal
Use cloud crossover to confirm trend
Next Indicator is the Kijun-Sen (Base Line)
Jan 9, 2022
Note
tenkan-sen
Trend Analysis
SPYvsGME
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