Trend Analysis:
Performs linear regression on short term (20 day), intermediate term (60 day) and
long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists.
The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
Tops |
Long |
0 |
0.95 |
0.05 |
Bottoms |
Long |
0 |
0.71 |
0.04 |
Tops |
Intermediate |
0.12 |
5.58 |
0.28 |
Bottoms |
Intermediate |
0.18 |
7.67 |
0.43 |
Tops |
Short |
0.72 |
19.17 |
0.88 |
Bottoms |
Short |
0.66 |
16.50 |
0.85 |
alerts |
Short Term Upward Sloping Trading Channel |