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 15.02 0.87
Bottoms Long -0.12 13.05 0.89
Tops Intermediate -0.06 15.18 0.50
Bottoms Intermediate -0.06 13.94 0.57
Tops Short 0 15.37 0.10
Bottoms Short -0.06 13.91 0.27
alerts
Long Term Downward Sloping Trading Channel