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 |
0.56 |
0.84 |
| Bottoms |
Long |
0 |
0.66 |
0.99 |
| Tops |
Intermediate |
0 |
1.32 |
0.68 |
| Bottoms |
Intermediate |
0 |
0.49 |
0.97 |
| Tops |
Short |
0 |
1.65 |
0.39 |
| Bottoms |
Short |
0 |
1.52 |
0.46 |
| alerts |
| Long Term Downward Sloping Trading Channel |
| Long Term Bullish Breakout |
