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 |
0.29 |
0.26 |
Bottoms |
Long |
0 |
0.21 |
0.06 |
Tops |
Intermediate |
0 |
0.19 |
0.88 |
Bottoms |
Intermediate |
0 |
0.16 |
0.78 |
Tops |
Short |
0 |
0.16 |
0.88 |
Bottoms |
Short |
0 |
0.14 |
0.84 |
alerts |
Short Term Downward Sloping Trading Channel |