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 0.18 15.07 0.36
Bottoms Long 0.12 11.53 0.34
Tops Intermediate 0 24.29 0.10
Bottoms Intermediate 0.24 27.34 0.27
Tops Short -0.12 21.56 0.94
Bottoms Short -0.12 20.87 0.94
alerts
Short Term Downward Sloping Trading Channel