CluenexGlossary · Pro tools
SuperTrend
A trailing line set a few average ranges away from the price.
Why it matters
It stays below the price in an uptrend and above it in a downtrend, flipping when the price closes through it. Many traders use it as a trailing stop.
How to read it
Green line under the price: uptrend. Red line above: downtrend. A bigger multiplier means fewer, later flips.
Related
In the Cluenex app, this explanation opens next to every supertrend figure, with the live reading for the stock you are looking at. Open it in Cluenex