IndicatorsIntermediate
Aroon
Two lines from 0 to 100 that show how many days have passed since the last 14-day high (Aroon Up) and low (Aroon Down).
- What it means
- Aroon Up near 100 with Aroon Down near 0 marks a strong uptrend; the reverse marks a downtrend.
- What to watch
- The two lines crossing, and lines crossing back and forth, which often means a sideways market.
- How Compass-Alpha uses it
- Background only; not used in any figure on Compass-Alpha.
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