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 26.15 0.86
Bottoms Long -0.06 23.66 0.83
Tops Intermediate -0.12 25.63 0.96
Bottoms Intermediate -0.06 23.75 0.56
Tops Short -0.06 25.79 0.30
Bottoms Short 0 25.37 0.01
alerts
Long Term Downward Sloping Trading Channel