Kijun Line

The Kijun line, also known as the "Kijun-sen," or simply as the "base line," is a momentum indicator, one of many factors involved in the Ichimoku Kinko Hyo technical analysis method (same thing as the "Ichimoku cloud").

The Kijun line isn’t really used on its own, but is often used with the Tenkan-sen, or the "conversion line." Where the Kijun line and the Tenkan-sen line cross is more important than the Kijun line on its own.

The Kijun line tracks the midpoint price of the most recent 26 periods, which is good when you’re looking for info on short-term and medium-term price momentum (general "up" or "down" trends). So it’s kind of akin to a moving average. Its partner line, the Tenkan-sen, tracks the midpoint price of the most recent 9 periods, making it more sensitive and jerkier than the Kijun line.

You can be chill as nill like the Kijun line, or you can react dramatically right and left like the Tenkan-sen line.