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Technical analysis
A Donchian channel draws the highest high and the lowest low of the last N bars around price. A close above the prior channel top is the classic breakout signal used in trend-following systems.
A Donchian channel draws the highest high and the lowest low of the last N bars around price. A close above the prior channel top is the classic breakout signal used in trend-following systems.
No. Donchian channel describes one aspect of a company, a price or a contract, and it is best read alongside other numbers and the business itself. Jivani Markets is a research and education platform; it does not give buy, sell or hold recommendations.