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 |
-0.48 |
119.73 |
0.88 |
Bottoms |
Long |
-0.48 |
107.16 |
0.87 |
Tops |
Intermediate |
-0.18 |
128.05 |
0.29 |
Bottoms |
Intermediate |
-0.3 |
114.34 |
0.69 |
Tops |
Short |
-0.84 |
112.72 |
0.76 |
Bottoms |
Short |
-0.96 |
107.19 |
0.96 |
alerts |
Long Term Downward Sloping Trading Channel |