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 55.36 0.53
Bottoms Long -0.06 50.11 0.39
Tops Intermediate -0.24 50.01 0.97
Bottoms Intermediate -0.18 48.16 0.75
Tops Short -0.36 47.43 0.97
Bottoms Short -0.3 46.56 0.98
alerts
Short Term Downward Sloping Trading Channel