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 |
4.66 |
0.32 |
Bottoms |
Long |
0 |
2.56 |
0.31 |
Tops |
Intermediate |
-0.06 |
3.94 |
0.52 |
Bottoms |
Intermediate |
-0.06 |
2.19 |
0.67 |
Tops |
Short |
-0.18 |
2.73 |
0.83 |
Bottoms |
Short |
-0.24 |
1.08 |
0.85 |
alerts |
Short Term Downward Sloping Trading Channel |