Trendline break
Technical analysisPrice closing decisively through a drawn trendline.
In plain terms
Weaker evidence than a structure break. A trendline describes a rate of advance, so breaking it means the rate changed — not that the trend did.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Price closing decisively through a drawn trendline.
Weaker evidence than a structure break. A trendline describes a rate of advance, so breaking it means the rate changed — not that the trend did.