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 |
-0.24 |
34.15 |
0.84 |
Bottoms |
Long |
-0.24 |
27.46 |
0.89 |
Tops |
Intermediate |
-0.18 |
33.79 |
0.63 |
Bottoms |
Intermediate |
-0.06 |
32.61 |
0.25 |
Tops |
Short |
0 |
35.58 |
0.00 |
Bottoms |
Short |
0.06 |
34.38 |
0.12 |
alerts |
Long Term Downward Sloping Trading Channel |