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 |
17.76 |
0.94 |
Bottoms |
Long |
-0.06 |
15.97 |
0.87 |
Tops |
Intermediate |
-0.06 |
18.12 |
0.48 |
Bottoms |
Intermediate |
-0.06 |
16.51 |
0.34 |
Tops |
Short |
0 |
19.02 |
0.20 |
Bottoms |
Short |
0.06 |
18.73 |
0.32 |
alerts |
Long Term Downward Sloping Trading Channel |