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 -0.48 60.48 0.98
Bottoms Long -0.6 41.23 0.98
Tops Intermediate -0.42 60.78 0.88
Bottoms Intermediate -0.48 48.02 0.76
Tops Short -0.54 53.63 0.48
Bottoms Short -0.3 51.36 0.17
alerts
Long Term Downward Sloping Trading Channel