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 |
33.76 |
0.82 |
Bottoms |
Long |
-0.24 |
27.69 |
0.98 |
Tops |
Intermediate |
-0.36 |
30.61 |
0.88 |
Bottoms |
Intermediate |
-0.24 |
29.01 |
0.79 |
Tops |
Short |
-0.24 |
31.87 |
0.73 |
Bottoms |
Short |
-0.18 |
30.50 |
0.69 |
alerts |
Long Term Downward Sloping Trading Channel |