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 -1.2 93.29 0.93
Bottoms Long -1.26 56.00 0.87
Tops Intermediate -0.18 112.23 0.04
Bottoms Intermediate -0.6 81.31 0.58
Tops Short -0.48 91.62 0.83
Bottoms Short -0.48 86.93 0.66
alerts
Long Term Downward Sloping Trading Channel