// Workers AI · dad joke modeWhat did price channels say? "We're always in tune.

Trend channel

A price channel is a pair of parallel trend lines that form a chart pattern for a stock or commodity. Channels may be horizontal, ascending or descending. When prices pass through and stay through a trendline representing support or resistance, the trend is said to be broken and there is a "breakout".

See also

• Bollinger Bands
• Control chart
• Donchian channel
• Richard Donchian

Further reading

• John J. Murphy, Technical Analysis of the Financial Markets, New York Institute of Finance, 1999, ISBN 0-7352-0066-1