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 -0.18 89.83 0.82
Bottoms Long -0.3 72.24 0.89
Tops Intermediate -0.42 78.00 0.56
Bottoms Intermediate -0.42 68.65 0.97
Tops Short -0.84 67.87 0.79
Bottoms Short -0.3 71.04 0.51
alerts
Long Term Downward Sloping Trading Channel