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 |
26.79 |
0.55 |
Bottoms |
Long |
0 |
25.38 |
0.60 |
Tops |
Intermediate |
-0.06 |
26.65 |
0.46 |
Bottoms |
Intermediate |
0 |
25.84 |
0.16 |
Tops |
Short |
-0.12 |
25.60 |
0.94 |
Bottoms |
Short |
-0.12 |
24.71 |
0.89 |
alerts |
Short Term Downward Sloping Trading Channel |