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 |
4.96 |
0.67 |
Bottoms |
Long |
-0.06 |
5.18 |
0.89 |
Tops |
Intermediate |
0 |
8.57 |
1.00 |
Bottoms |
Intermediate |
-0.06 |
5.55 |
0.95 |
Tops |
Short |
0.06 |
9.35 |
0.65 |
Bottoms |
Short |
0.12 |
9.25 |
0.91 |
alerts |
Intermediate Term Downward Sloping Trading Channel |