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 -0.24 54.78 0.87
Bottoms Long -0.3 44.18 0.93
Tops Intermediate -0.06 61.51 0.11
Bottoms Intermediate -0.24 46.06 0.82
Tops Short -0.18 56.70 0.09
Bottoms Short 0.3 57.06 0.65
alerts
Long Term Downward Sloping Trading Channel