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 -0.12 25.95 1.00
Bottoms Long -0.12 23.95 0.94
Tops Intermediate -0.12 26.64 0.94
Bottoms Intermediate -0.18 23.43 0.91
Tops Short -0.12 25.75 0.51
Bottoms Short -0.12 25.12 0.30
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel