Keltner channel Definition

Keltner channel

Definition

An advanced technical analysis method, which uses an upper and lower band to indicate a 10-day moving average around the typical market price. A close around the upper band it is said to signify a bull market, and a close around the lower band is said to signify a bear market. This analysis technique is named for Chester Keltner, although it is uncertain if he was actually the originator of the idea.

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Keltner channel is ...
... part of the Stocks and Technical Analysis subjects.