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 |
22.71 |
0.95 |
Bottoms |
Long |
0 |
22.03 |
0.52 |
Tops |
Intermediate |
-0.06 |
21.87 |
0.98 |
Bottoms |
Intermediate |
-0.06 |
20.47 |
0.90 |
Tops |
Short |
-0.12 |
21.24 |
0.85 |
Bottoms |
Short |
-0.06 |
20.89 |
0.77 |
alerts |
Intermediate Term Downward Sloping Trading Channel |