Trend Lines Stock Screener - Trend Lines Strategy Backtest

Trend lines are an essential tool for any technical analyst. By identifying trends and key support and resistance levels, trend lines can provide invaluable insights into market behavior, helping traders make more informed trading decisions. With trend lines, you can confidently confirm chart patterns, find entry and exit signals, and visualize price movements, giving you the edge you need to succeed in the markets.

Trend Lines	Action
Above Rising Trendline
Price Crossed Above Rising Trendline
Price Crossed Above Trendline
Price Crossed Above Falling Trendline
Price Touched Rising Trendline
Price Touched Above Trendline
Price Touched Falling Trendline
Price Bounced Up From Rising Trendline
Price Bounced Up From Trendline
Price Bounced Up From Falling Trendline
Price Crossed Below Falling Trendline
Price Crossed Below Trendline
Price Crossed Below Rising Trendline
Price Touched Falling Trendline
Price Touched Below Trendline
Price Touched Rising Trendline
Price Bounced Down From Falling Trendline
Price Below Falling Trendline
Price Bounced Down From Rising Trendline
Below Falling Trendline

Trendlines - Technical Analysis from A to Z
One of the basic tenets put forth by Charles Dow in the Dow Theory is that security prices do trend. Trends are often measured and identified by "trendlines." A trendline is a sloping line that is drawn between two or more prominent points on a chart. Rising trends are defined by a trendline that is drawn between two or more troughs (low points) to identify price support. Falling trends are defined by trendlines that are drawn between two or more peaks (high points) to identify price resistance.

Trends - Technical Analysis from A to Z
A trend represents a consistent change in prices. Trends differ from support/resistance levels in that trends represent change, whereas support/resistance levels represent barriers to change. A rising trend is defined by successively higher low-prices. A rising trend can be thought of as a rising support level. The bulls are in control and are pushing prices higher.