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 |
12.37 |
0.91 |
Bottoms |
Long |
0 |
12.87 |
0.23 |
Tops |
Intermediate |
-0.06 |
12.38 |
0.96 |
Bottoms |
Intermediate |
-0.12 |
10.84 |
0.82 |
Tops |
Short |
-0.12 |
12.08 |
0.83 |
Bottoms |
Short |
-0.06 |
11.67 |
0.55 |
alerts |
Intermediate Term Downward Sloping Trading Channel |