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 |
12.02 |
0.81 |
Bottoms |
Long |
-0.06 |
10.49 |
0.85 |
Tops |
Intermediate |
-0.06 |
11.92 |
0.86 |
Bottoms |
Intermediate |
0 |
11.14 |
0.33 |
Tops |
Short |
0 |
12.58 |
0.63 |
Bottoms |
Short |
0 |
12.00 |
0.30 |
alerts |
Long Term Downward Sloping Trading Channel |