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 |
0.55 |
0.88 |
Bottoms |
Long |
0 |
0.41 |
0.82 |
Tops |
Intermediate |
0 |
0.59 |
0.89 |
Bottoms |
Intermediate |
0 |
0.47 |
0.68 |
Tops |
Short |
0 |
0.60 |
0.81 |
Bottoms |
Short |
0 |
0.55 |
0.71 |
alerts |
Long Term Upward Sloping Trading Channel |