The mid-point between the highest high and lowest low of a particular security. The kijun line, also called kijun-sen, is the base line used specifically in ichimoku kinko hyo (or ichimoku cloud) candlestick charts. It is one of two moving average lines displayed in the chart, and is a 26-period moving average. (The other line, tenkan-sen, is a nine-period moving average.)
When reading ichimoku kinko hyo, investors should note that the kijun line lags behind the tenkan-sen, and trails price less sensitively because it covers a longer period of time. When tenkan-sen crosses and moves above the kijun line, this is generally considered a bullish signal.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Kijun-Sen — A component of the Ichimoku Kinko Hyo indicator that is primarily used to measure medium term momentum. This line is calculated by using the following formula: The formula that is used to create the Kijun Sen is nearly identical to the formula… … Investment dictionary
Tenkan-Sen — The mid point between the highest high and lowest low of a particular security calculated over the past nine periods. The Tenkan Sen line is the conversion line used specifically in the Ichimoku Kinko Hyo (or Ichimoku Cloud) equilibrium charts.… … Investment dictionary
Charlotte (band) — Charlotte Origin Japan Genres Pop punk, pop rock Years active 2001–2011 Associated acts Toshi with T Earth Website … Wikipedia
Jigoku no Komoriuta — Infobox Album Name = Jigoku no Komoriuta Type = studio Artist = Inugami Circus dan Released = Start date|1999|9|23 Recorded = Genre = Length = Label = FLESH Producer = Reviews = Last album = Goreizen (1997) This album = Jigoku no Komoriuta (1999) … Wikipedia
Japanese railway signals — This article explains railway signals in Japan.In Japanese ministerial decree defining technical standard of railway (鉄道に関する技術上の基準を定める省令 Tetsudō ni kansuru gijutsu jō no kijun wo sadameru shōrei), railway signals are defined to indicate… … Wikipedia