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 -0.54 146.43 0.81
Bottoms Long -1.02 92.17 0.84
Tops Intermediate -1.08 124.10 0.65
Bottoms Intermediate -1.5 78.89 0.88
Tops Short -1.68 97.48 0.49
Bottoms Short 1.14 120.02 0.91
alerts
Long Term Downward Sloping Trading Channel