Aroon Down
Aroon Down is a component of the Aroon technical indicator that measures the number of periods since the lowest price within a specified look-back window, expressed as a percentage of that window.
Example: In a 20-period chart, Aroon Down reads 92 and Aroon Up reads 8 after a low, with the Aroon Oscillator negative, illustrating dominance of the down component within the window.
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