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 -0.3 50.68 0.97
Bottoms Long -0.3 41.96 0.95
Tops Intermediate -0.24 50.69 0.85
Bottoms Intermediate -0.54 35.79 0.91
Tops Short -0.24 49.61 0.37
Bottoms Short 0.06 49.36 0.11
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel