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 -0.06 22.30 0.98
Bottoms Long -0.12 19.47 0.95
Tops Intermediate -0.06 22.80 0.54
Bottoms Intermediate -0.06 20.58 0.77
Tops Short -0.06 21.15 0.42
Bottoms Short -0.06 21.01 0.13
alerts
Long Term Downward Sloping Trading Channel