This study shows you the instantaneous compound interest/Compound Annual Growth Rate over the defined length. Can be considered good to identify the trend of a particular stock. Also, you can define a comparative line like say 14%, when this limit is crossed, the stock is performing better than the average index value mentioned.
Simple Inputs:
Length: period...
HINDUNILVR | Excellent trendline support and value discount - Can expect 20% rally for short term
CMP : 2329
SL : 2200
The stock is trading in negative 3% for the year 2021 (As on 29/11/2021 close) - We can consider this as huge discount for the value stock.