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 -0.06 27.88 0.95
Bottoms Long -0.06 26.18 0.81
Tops Intermediate -0.12 27.11 0.91
Bottoms Intermediate -0.12 24.37 0.87
Tops Short -0.06 28.20 0.21
Bottoms Short 0 27.43 0.03
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel