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 |
55.36 |
0.53 |
Bottoms |
Long |
-0.06 |
50.11 |
0.39 |
Tops |
Intermediate |
-0.24 |
50.01 |
0.97 |
Bottoms |
Intermediate |
-0.18 |
48.16 |
0.75 |
Tops |
Short |
-0.36 |
47.43 |
0.97 |
Bottoms |
Short |
-0.3 |
46.56 |
0.98 |
alerts |
Short Term Downward Sloping Trading Channel |