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 |
-0.42 |
197.70 |
0.69 |
Bottoms |
Long |
-0.36 |
180.44 |
0.58 |
Tops |
Intermediate |
-0.96 |
181.78 |
0.86 |
Bottoms |
Intermediate |
-1.26 |
154.46 |
1.00 |
Tops |
Short |
-1.02 |
173.16 |
0.90 |
Bottoms |
Short |
-0.54 |
170.75 |
0.71 |
alerts |
Intermediate Term Downward Sloping Trading Channel |