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 |
-0.18 |
19.80 |
0.58 |
| Bottoms |
Long |
-0.24 |
7.70 |
0.78 |
| Tops |
Intermediate |
-0.42 |
11.29 |
0.82 |
| Bottoms |
Intermediate |
-0.66 |
-0.94 |
0.85 |
| Tops |
Short |
-0.78 |
1.49 |
0.64 |
| Bottoms |
Short |
-0.6 |
2.72 |
0.43 |
| alerts |
| Intermediate Term Downward Sloping Trading Channel |
