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 |
0.50 |
0.57 |
Bottoms |
Long |
0 |
0.14 |
0.12 |
Tops |
Intermediate |
0 |
0.85 |
0.59 |
Bottoms |
Intermediate |
0 |
0.39 |
0.63 |
Tops |
Short |
0 |
0.29 |
0.92 |
Bottoms |
Short |
0 |
0.25 |
0.93 |
alerts |
Short Term Downward Sloping Trading Channel |