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 |
39.50 |
0.76 |
Bottoms |
Long |
0.06 |
35.53 |
0.52 |
Tops |
Intermediate |
-0.12 |
32.86 |
0.85 |
Bottoms |
Intermediate |
-0.12 |
30.46 |
0.92 |
Tops |
Short |
-0.12 |
32.18 |
0.58 |
Bottoms |
Short |
-0.12 |
30.95 |
0.57 |
alerts |
Intermediate Term Downward Sloping Trading Channel |