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 7.55 0.04
Bottoms Long 0 6.18 0.10
Tops Intermediate -0.06 6.31 0.81
Bottoms Intermediate -0.06 4.46 0.93
Tops Short -0.06 5.74 0.60
Bottoms Short -0.06 5.12 0.51
alerts
Intermediate Term Downward Sloping Trading Channel