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 22.60 0.07
Bottoms Long 0.06 23.31 0.92
Tops Intermediate 0 22.65 0.00
Bottoms Intermediate -0.06 20.04 0.74
Tops Short -0.06 20.63 0.81
Bottoms Short -0.12 19.59 0.97
alerts
Short Term Downward Sloping Trading Channel