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 -0.12 132.23 0.08
Bottoms Long -0.36 97.62 0.79
Tops Intermediate -0.54 105.43 0.97
Bottoms Intermediate -0.84 85.76 0.93
Tops Short -0.36 104.20 0.38
Bottoms Short 0.48 107.43 0.91
alerts
Intermediate Term Downward Sloping Trading Channel