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 |
-0.24 |
7.59 |
0.92 |
Bottoms |
Long |
-0.24 |
1.88 |
0.95 |
Tops |
Intermediate |
-0.3 |
4.45 |
0.82 |
Bottoms |
Intermediate |
-0.3 |
-0.15 |
0.92 |
Tops |
Short |
-0.24 |
3.47 |
0.64 |
Bottoms |
Short |
-0.18 |
2.72 |
0.83 |
alerts |
Long Term Downward Sloping Trading Channel |
Intermediate Term Downward Sloping Trading Channel |