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 |
2.80 |
0.87 |
| Bottoms |
Long |
-0.06 |
0.87 |
0.97 |
| Tops |
Intermediate |
-0.06 |
2.69 |
0.45 |
| Bottoms |
Intermediate |
-0.06 |
0.93 |
0.88 |
| Tops |
Short |
-0.06 |
1.84 |
0.36 |
| Bottoms |
Short |
0 |
1.65 |
0.31 |
| alerts |
| Long Term Downward Sloping Trading Channel |
