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 4.96 0.67
Bottoms Long -0.06 5.18 0.89
Tops Intermediate 0 8.57 1.00
Bottoms Intermediate -0.06 5.55 0.95
Tops Short 0.06 9.35 0.65
Bottoms Short 0.12 9.25 0.91
alerts
Intermediate Term Downward Sloping Trading Channel