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 |
-0.3 |
103.59 |
0.79 |
Bottoms |
Long |
-0.18 |
99.40 |
0.33 |
Tops |
Intermediate |
-0.42 |
97.64 |
0.90 |
Bottoms |
Intermediate |
-0.48 |
87.76 |
0.89 |
Tops |
Short |
-0.3 |
97.76 |
0.21 |
Bottoms |
Short |
-0.42 |
90.93 |
0.61 |
alerts |
Intermediate Term Downward Sloping Trading Channel |