Kijun Line

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Definition of 'Kijun Line'

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.)

 
Investopedia Says

Investopedia explains 'Kijun Line'

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.

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'Kijun Line'

  • An Introduction To Ichimoku Charts In Forex Trading

    http://www.investopedia.com/articles/forex/06/ichimoku.asp
    ... Looking at our example in Figure 1, we see a clear crossover of the Tenkan Sen
    (black line) and the Kijun Sen (red line) at point X. This decline simply means ...

  • A Glance At An Equilibrium Chart

    http://www.investopedia.com/articles/technical/04/072104.asp
    ... periods. Kijun-Sen, or base line (maroon) - (Highest high + lowest low) /
    2, calculated over the past 22 time periods. Chikou Span ...

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