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 -0.3 73.39 0.94
Bottoms Long -0.3 65.21 0.97
Tops Intermediate -0.24 74.95 0.82
Bottoms Intermediate -0.18 66.94 0.68
Tops Short -0.12 75.91 0.28
Bottoms Short 0.06 74.74 0.03
alerts
Long Term Downward Sloping Trading Channel