Senkou Span B is a component of the Ichimoku Kinko Hyo indicator, commonly used in technical analysis for trading. It represents a moving average of the highest and lowest prices over the last 52 periods, plotted 26 periods ahead. This line helps traders identify potential support and resistance levels in the market. Traders often use Senkou Span B in conjunction with Senkou Span A to form the Kumo or cloud, which visually indicates market trends. When the price is above the cloud, it suggests a bullish trend, while a price below the cloud indicates a bearish trend.