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.
TrendTermSlopeTodays ValuerSquare
Tops Long -0.06 17.76 0.94
Bottoms Long -0.06 15.97 0.87
Tops Intermediate -0.06 18.12 0.48
Bottoms Intermediate -0.06 16.51 0.34
Tops Short 0 19.02 0.20
Bottoms Short 0.06 18.73 0.32
alerts
Long Term Downward Sloping Trading Channel