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 17.43 0.31
Bottoms Long 0 15.06 0.22
Tops Intermediate -0.12 14.67 0.87
Bottoms Intermediate -0.12 12.62 0.89
Tops Short -0.12 14.00 0.70
Bottoms Short 0 14.17 0.09
alerts
Intermediate Term Downward Sloping Trading Channel