Definitions
In plain terms
It asks how recently each directional extreme occurred rather than measuring the size of the price move.
Technical
The calculation freezes lookback window, inclusion of current bar, tie policy, observation counting, readiness, and finalized-bar data.
Scope
Aroon values are recency measures and do not directly measure return magnitude.
Examples
- A governed lesson calculates or identifies Aroon Indicator only after its parameters, state, timing, and edge cases are declared.
Common misconceptions
- Aroon values are recency measures and do not directly measure return magnitude.
Concept relationships
Prerequisites
Where this concept is used
Evidence and governance
- The Aroon Indicator Tushar Chande / Technical Analysis of Stocks and Commodities · first party methodology
Supports: preferred label, short definition, technical definition
Limits: Exact tie handling, window endpoints, and implementation readiness require a complete pinned calculation contract.
- Reviewed by
- fintech-builder-batch-007
- Last reviewed
- 2026-07-27
- Next review
- 2027-07-27
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.