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 -0.24 34.15 0.84
Bottoms Long -0.24 27.46 0.89
Tops Intermediate -0.18 33.79 0.63
Bottoms Intermediate -0.06 32.61 0.25
Tops Short 0 35.58 0.00
Bottoms Short 0.06 34.38 0.12
alerts
Long Term Downward Sloping Trading Channel