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 14.43 0.85
Bottoms Long -0.06 12.43 0.87
Tops Intermediate -0.06 13.64 0.79
Bottoms Intermediate -0.06 13.40 0.28
Tops Short 0 14.69 0.19
Bottoms Short 0.06 14.73 0.80
alerts
Long Term Downward Sloping Trading Channel