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 20.84 0.97
Bottoms Long -0.06 17.26 0.86
Tops Intermediate -0.06 19.96 0.75
Bottoms Intermediate -0.06 18.65 0.26
Tops Short 0 20.51 0.06
Bottoms Short 0.06 19.96 0.09
alerts
Long Term Downward Sloping Trading Channel