Watch: the daily chart check
▶ PlayThe daily candle
Chainlink closed the September 29 daily candle at $14.60, down 5.45% on the day, after trading between $14.48 and $15.77. What stands out on the daily chart: sharp move.
Moving averages
The close of $14.60 is 16.1% above the 20-day average ($12.58).
The close of $14.60 is 25.6% above the 50-day average ($11.62).
Momentum: RSI and MACD
The 14-day RSI reads 65.1, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is 0.8722 against a signal line of 0.6423, so the MACD line is above its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 1.71 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $10.01 to $15.15, and the close is inside the bands.
Over the previous 30 days the highest close was $15.44 and the lowest $10.88.
What it costs to hold a position
Anyone holding a LINK perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the LINK funding page.