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 51.24 0.75
Bottoms Long -0.12 49.67 0.54
Tops Intermediate -0.12 51.48 0.96
Bottoms Intermediate -0.06 50.47 0.83
Tops Short 0 52.55 0.61
Bottoms Short 0 51.82 0.09
alerts
Intermediate Term Downward Sloping Trading Channel