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 -0.3 88.83 0.96
Bottoms Long -0.24 83.65 0.83
Tops Intermediate -0.18 91.16 0.96
Bottoms Intermediate -0.18 86.60 0.51
Tops Short -0.06 91.35 0.03
Bottoms Short 0.24 91.96 0.58
alerts
Long Term Downward Sloping Trading Channel