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 |
-0.3 |
74.75 |
0.98 |
Bottoms |
Long |
-0.24 |
71.14 |
0.83 |
Tops |
Intermediate |
-0.3 |
75.03 |
0.84 |
Bottoms |
Intermediate |
-0.3 |
68.12 |
0.73 |
Tops |
Short |
-0.42 |
71.69 |
0.83 |
Bottoms |
Short |
-0.24 |
70.86 |
0.40 |
alerts |
Long Term Downward Sloping Trading Channel |