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 |
-0.12 |
20.78 |
0.85 |
Bottoms |
Long |
-0.12 |
17.24 |
0.83 |
Tops |
Intermediate |
-0.06 |
20.62 |
0.74 |
Bottoms |
Intermediate |
-0.06 |
19.58 |
0.44 |
Tops |
Short |
-0.06 |
21.23 |
0.31 |
Bottoms |
Short |
0.06 |
21.00 |
0.05 |
alerts |
Long Term Downward Sloping Trading Channel |