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Technical analysis
Also called: Ichimoku Kinko Hyo
The Ichimoku cloud is a Japanese trend indicator made of five lines — tenkan-sen, kijun-sen, two senkou spans that form the 'cloud', and the chikou span. Price above the cloud is read as an uptrend and below it as a downtrend.
The Ichimoku cloud is a Japanese trend indicator made of five lines — tenkan-sen, kijun-sen, two senkou spans that form the 'cloud', and the chikou span. Price above the cloud is read as an uptrend and below it as a downtrend.
No. Ichimoku cloud 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.