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 |
20.19 |
0.91 |
Bottoms |
Long |
0 |
18.22 |
0.67 |
Tops |
Intermediate |
-0.06 |
19.33 |
0.85 |
Bottoms |
Intermediate |
-0.06 |
17.44 |
0.85 |
Tops |
Short |
0 |
19.83 |
0.02 |
Bottoms |
Short |
0 |
18.50 |
0.09 |
alerts |
Intermediate Term Downward Sloping Trading Channel |