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 65.55 0.81
Bottoms Long -0.24 59.85 0.74
Tops Intermediate -0.12 67.01 0.86
Bottoms Intermediate -0.24 59.25 0.91
Tops Short -0.12 66.12 0.55
Bottoms Short -0.36 59.34 0.68
alerts
Intermediate Term Downward Sloping Trading Channel