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 42.69 0.86
Bottoms Long -0.18 34.43 0.88
Tops Intermediate -0.12 43.87 0.69
Bottoms Intermediate -0.12 39.62 0.48
Tops Short -0.12 43.45 0.14
Bottoms Short 0.12 43.77 0.14
alerts
Long Term Downward Sloping Trading Channel