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 63.99 0.91
Bottoms Long -0.18 56.13 0.82
Tops Intermediate -0.12 65.46 0.88
Bottoms Intermediate -0.18 58.28 0.42
Tops Short -0.06 64.17 0.09
Bottoms Short 0.06 63.33 0.04
alerts
Long Term Downward Sloping Trading Channel