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 -0.3 33.76 0.82
Bottoms Long -0.24 27.69 0.98
Tops Intermediate -0.36 30.61 0.88
Bottoms Intermediate -0.24 29.01 0.79
Tops Short -0.24 31.87 0.73
Bottoms Short -0.18 30.50 0.69
alerts
Long Term Downward Sloping Trading Channel