A label, not a forecast
Breakout and Support describe price holding up against a line; Breakdown and Rejection describe price failing at one. A signal can be late, wrong or incomplete, and it does not tell you to trade.
Trendline signals: breakout, support, breakdown and rejection.
Each chart comes with its price channels drawn, and each stock gets a label for where its price sits against them. Filter a whole list by setup instead of opening every chart.
What you see on the chart
A channel is a pair of lines, called rails, around the price. Each carries a tag: MAJOR for the longest active channel, minor for another active one, and dead for one the price left over a year ago without returning. Members see these tags on stocks in their own watchlists. The signal names where the price sits:
- Breakout: price closes above the upper line.
- Support: price stays near and above the lower line.
- Breakdown: price closes below the lower line.
- Rejection: price stays near and below the upper line of a flat range, a falling channel, a falling-top triangle or a widening pattern.
The distance setting decides how near counts as near: 2%, 4%, 8% (the default), 15% or your own value. In Signal filters, tick the classes you want and the watchlist narrows to them; No signal shows the rest. Signals follow the live price during the session and settle on the close.
How to read it
A signal is a short label for a longer story. Read it with the chart behind it.
Weigh the channel
A MAJOR channel spans the longest stretch of price history, so a signal on its rails has more history behind it than one on a minor channel.
Set the distance on purpose
At 2% you see only stocks right at a line. At 15% you see many more, some well away from it. Pick the distance that matches how close to the line you want the price to be.
Who it helps
- Chart readers who scan a list for setups after each close.
- Investors who want to know where a stock sits in its trend before they read its fundamentals.
- Anyone who wants signals and fundamentals together: the stock screener takes the signal as one of up to 5 chosen metrics.
Signal filters and the distance setting work on desktop and on a phone.
See it in the app.Try it free. No login required.
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