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 |
22.00 |
0.94 |
Bottoms |
Long |
0.06 |
18.19 |
0.69 |
Tops |
Intermediate |
0.12 |
22.28 |
0.87 |
Bottoms |
Intermediate |
0.12 |
20.22 |
0.83 |
Tops |
Short |
0.06 |
21.19 |
0.59 |
Bottoms |
Short |
0.12 |
20.30 |
0.55 |
alerts |
Intermediate Term Upward Sloping Trading Channel |