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 14.42 0.33
Bottoms Long -0.06 12.08 0.34
Tops Intermediate -0.12 12.04 0.96
Bottoms Intermediate -0.12 10.47 0.81
Tops Short -0.06 12.67 0.83
Bottoms Short 0 12.01 0.00
alerts
Intermediate Term Downward Sloping Trading Channel