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 38.37 0.81
Bottoms Long -0.24 31.40 0.85
Tops Intermediate -0.36 32.53 0.88
Bottoms Intermediate -0.42 27.43 0.84
Tops Short -0.3 33.10 0.81
Bottoms Short -0.18 31.54 0.49
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel