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 |
47.33 |
0.85 |
Bottoms |
Long |
-0.12 |
40.65 |
0.87 |
Tops |
Intermediate |
0 |
48.41 |
0.08 |
Bottoms |
Intermediate |
-0.18 |
38.53 |
0.71 |
Tops |
Short |
0 |
48.14 |
0.00 |
Bottoms |
Short |
0.12 |
47.66 |
0.11 |
alerts |
Long Term Downward Sloping Trading Channel |