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 |
-1.24 |
0.87 |
| Bottoms |
Long |
0 |
-0.40 |
0.87 |
| Tops |
Intermediate |
0 |
-0.20 |
0.77 |
| Bottoms |
Intermediate |
0 |
0.10 |
0.04 |
| Tops |
Short |
0 |
0.11 |
0.36 |
| Bottoms |
Short |
0 |
0.12 |
0.85 |
| alerts |
| Long Term Downward Sloping Trading Channel |
| Long Term Bullish Breakout |
