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Keltner Channel
EMA20-based trend detection
ATR-based volatility channel construction
Upper = EMA20 + 2.5×ATR
Lower = EMA20 − 2.5×ATR
Measures breakout strength vs volatility expansion
Interpretation
🟢 Strong trend = % Above EMA high 🟡 Neutral = inside channel 🔴 Weak = below EMA compression
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S&P500
Keltner structure
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EMA20
Upper
Lower
% Above EMA
ATR %
Days Above EMA
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BRZE
45.57
29.57
35.13
24.01
54.11
4.88
12
AIXI
3.1
2.26
4.31
0.21
37.38
26.44
9
NVDA
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AAPL
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MSFT
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