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 -0.12 68.85 0.45
Bottoms Long -0.3 49.62 0.84
Tops Intermediate -0.54 49.57 0.89
Bottoms Intermediate -0.66 39.94 0.94
Tops Short -0.24 52.92 0.37
Bottoms Short -0.3 47.85 0.31
alerts
Intermediate Term Downward Sloping Trading Channel