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 |
-0.3 |
88.70 |
0.99 |
| Bottoms |
Long |
-0.24 |
84.19 |
0.97 |
| Tops |
Intermediate |
-0.18 |
91.21 |
0.92 |
| Bottoms |
Intermediate |
-0.3 |
82.44 |
0.82 |
| Tops |
Short |
-0.24 |
86.95 |
0.52 |
| Bottoms |
Short |
-0.12 |
86.36 |
0.17 |
| alerts |
| Long Term Downward Sloping Trading Channel |
| Intermediate Term Downward Sloping Trading Channel |
