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 26.51 0.06
Bottoms Long -0.06 21.88 0.56
Tops Intermediate -0.12 20.81 0.98
Bottoms Intermediate -0.06 19.84 0.96
Tops Short -0.06 21.37 0.88
Bottoms Short -0.06 20.36 0.83
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel