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OpenBB/website/content/current/platform/reference/technical/aroon.md
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aroon Learn about the Aroon Indicator, a trend indicator in technical analysis. Understand how the Aroon Up and Down lines can help identify upward and downward trends, and how to calculate and use the Aroon Indicator. Includes examples and parameters.
Aroon Indicator
Aroon Up and Down
Aroon Indicator explanation
trend indicator
technical analysis
Aroon Indicator usage
Aroon Indicator examples
Aroon Indicator parameters
Aroon Indicator calculation

import Tabs from '@theme/Tabs'; import TabItem from '@theme/TabItem';

Aroon Indicator.

The word aroon is Sanskrit for "dawn's early light." The Aroon indicator attempts to show when a new trend is dawning. The indicator consists of two lines (Up and Down) that measure how long it has been since the highest high/lowest low has occurred within an n period range.

When the Aroon Up is staying between 70 and 100 then it indicates an upward trend. When the Aroon Down is staying between 70 and 100 then it indicates an downward trend. A strong upward trend is indicated when the Aroon Up is above 70 while the Aroon Down is below 30. Likewise, a strong downward trend is indicated when the Aroon Down is above 70 while the Aroon Up is below 30. Also look for crossovers. When the Aroon Down crosses above the Aroon Up, it indicates a weakening of the upward trend (and vice versa).

Parameters

data : List[Data] List of data to be used for the calculation. index: str, optional Index column name to use with data, by default "date". length : int, optional Number of periods to be used for the calculation, by default 25. scalar : int, optional Scalar to be used for the calculation, by default 100.

Returns

OBBject[List[Data]] The calculated data.

Examples

from openbb import obb
stock_data = obb.equity.price.historical(symbol="TSLA", start_date="2023-01-01", provider="fmp")
aroon_data = obb.technical.aroon(data=stock_data.results, length=25, scalar=100)

Parameters

This function does not take standardized parameters.


Returns

This function does not return a standardized model