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 |
9.01 |
0.88 |
Bottoms |
Long |
-0.06 |
7.24 |
0.82 |
Tops |
Intermediate |
-0.06 |
8.36 |
0.91 |
Bottoms |
Intermediate |
0 |
7.32 |
0.35 |
Tops |
Short |
0 |
8.37 |
0.12 |
Bottoms |
Short |
0 |
7.75 |
0.02 |
alerts |
Long Term Downward Sloping Trading Channel |