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 -0.12 27.64 0.93
Bottoms Long -0.12 22.20 0.84
Tops Intermediate -0.06 29.46 0.83
Bottoms Intermediate -0.12 25.02 0.37
Tops Short 0.06 29.36 0.10
Bottoms Short 0.12 28.60 0.38
alerts
Long Term Downward Sloping Trading Channel