what is the kijun sen base line 
the kijun sen or base line is an indicator and important component of the ichimoku kinko hyo method of technical analysis which is also known as the ichimoku cloud the kijun sen is the midpoint price of the last 26 periods and therefore an indicator of short to medium term price momentum the indicator aids in assessing the trend and can also be useful for identifying trading opportunities when combined with the other components of the ichimoku cloud the formula for the kijun sen base line is kijun sen base line 1 2 26 period high 26 period low begin aligned text kijun sen base line frac 1 2 left text 26 period high text 26 period low right end aligned kijun sen base line 21 26 period high 26 period low 