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 |
21.40 |
0.49 |
Bottoms |
Long |
0 |
20.94 |
0.86 |
Tops |
Intermediate |
0 |
19.47 |
0.85 |
Bottoms |
Intermediate |
0 |
19.75 |
0.90 |
Tops |
Short |
0 |
19.53 |
0.58 |
Bottoms |
Short |
-0.06 |
19.06 |
0.68 |
alerts |
Intermediate Term Downward Sloping Trading Channel |