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 -0.24 60.49 0.95
Bottoms Long -0.24 55.20 0.85
Tops Intermediate -0.36 56.79 0.92
Bottoms Intermediate -0.42 51.46 0.88
Tops Short -0.6 52.23 0.87
Bottoms Short -0.42 51.22 0.87
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel