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 |
-0.06 |
7.77 |
0.92 |
Bottoms |
Long |
-0.06 |
6.61 |
0.82 |
Tops |
Intermediate |
0 |
8.61 |
0.53 |
Bottoms |
Intermediate |
0 |
7.70 |
0.33 |
Tops |
Short |
0 |
9.10 |
0.25 |
Bottoms |
Short |
0.06 |
8.74 |
0.95 |
alerts |
Long Term Downward Sloping Trading Channel |