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Technical analysis
Supertrend is a trend-following line drawn a multiple of the Average True Range (ATR) away from price. It sits below price in an uptrend and flips above price when the trend turns down; 10 periods and a multiplier of 3 are common settings.
Upper band = (High + Low) ÷ 2 + Multiplier × ATR; Lower band = (High + Low) ÷ 2 − Multiplier × ATR; the line trails the active band
With a high of ₹210, a low of ₹190 and a 10-day ATR of ₹5, the basic lower band is 200 − 3 × 5 = ₹185. While price closes above the trailing line, Supertrend reads 'up'.
Supertrend is a trend-following line drawn a multiple of the Average True Range (ATR) away from price. It sits below price in an uptrend and flips above price when the trend turns down; 10 periods and a multiplier of 3 are common settings.
Upper band = (High + Low) ÷ 2 + Multiplier × ATR; Lower band = (High + Low) ÷ 2 − Multiplier × ATR; the line trails the active band. With a high of ₹210, a low of ₹190 and a 10-day ATR of ₹5, the basic lower band is 200 − 3 × 5 = ₹185. While price closes above the trailing line, Supertrend reads 'up'.
No. Supertrend 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.