Chikou Span (Lagging Span)

Trend line of 26 periods behind the latest closing price

• Crossing with prior prices confirms trend change
  
• When price and Chikou span cross frequently indicates choppiness and not reliable
  
• Visualize the relationship between current and prior trends, as well as spot potential trend reversals.
  
• Upward trend when the Chikou above the price
  
• Downward when the Chikou below the price