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 57.74 0.82
Bottoms Long -0.24 46.75 0.97
Tops Intermediate -0.12 57.09 0.95
Bottoms Intermediate -0.3 45.94 0.89
Tops Short -0.3 50.74 0.40
Bottoms Short -0.18 49.72 0.14
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel