Breakout
Range Breakout Follow-Through Calculator
Enter a breakout day's open, high, low, and close plus the range level it broke to get its Close Location Value (CLV), meaning where the close sits within that day's own range, and a read on whether the breakout followed through or closed back inside. Closing back inside is the classic fakeout warning.
Day's range···
Close Location Value (CLV)···
Close vs broken level···
Read···
Educational tool only, not financial advice. CLV describes a single day's close, not a guaranteed continuation or reversal. Check it against your own plan and risk rules before you trade it.
Built by Jason Parker, founder of Trading Ranges.