The Ichimoku Cloud (Ichimoku Kinko Hyo — meaning 'one glance equilibrium chart') is a comprehensive Japanese technical analysis framework that simultaneously displays trend direction, momentum, support and resistance levels, and potential trend reversal signals through five interconnected components plotted on a price chart. The five components are: Tenkan-sen (Conversion Line — 9-period midpoint), Kijun-sen (Base Line — 26-period midpoint), Senkou Span A (Leading Span A — average of Tenkan and Kijun, plotted 26 periods ahead), Senkou Span B (Leading Span B — 52-period midpoint, plotted 26 periods ahead), and Chikou Span (Lagging Span — closing price plotted 26 periods back). The shaded area between Senkou Span A and B forms the 'cloud' (Kumo) — which serves as dynamic support or resistance. Price trading above a bullish (green) cloud signals an uptrend; below a bearish (red) cloud signals a downtrend. A bullish signal occurs when Tenkan-sen crosses above Kijun-sen above the cloud. For Indian equity traders analysing Nifty 50, Bank Nifty, and large-cap stocks, the Ichimoku Cloud provides a multi-timeframe trend assessment in a single view — eliminating the need for multiple separate indicators. The cloud's forward projection also provides advance warning of upcoming support and resistance zones, making it a uniquely predictive rather than purely reactive technical tool.
For android only
