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Aroon Up/Down

A pair of technical indicators that measure the time since the highest high (Aroon Up) and lowest low (Aroon Down) within a given period. Values range from 0 to 100 and help identify trend direction and strength. When Aroon Up is near 100 and Aroon Down is near 0, a strong uptrend is in place; the reverse indicates a strong downtrend.

Example

Aroon Up hit 100 while Aroon Down dropped to 7, confirming the stock was in a powerful uptrend with new highs being made consistently.