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 39.50 0.76
Bottoms Long 0.06 35.53 0.52
Tops Intermediate -0.12 32.86 0.85
Bottoms Intermediate -0.12 30.46 0.92
Tops Short -0.12 32.18 0.58
Bottoms Short -0.12 30.95 0.57
alerts
Intermediate Term Downward Sloping Trading Channel