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 84.49 0.87
Bottoms Long -0.24 68.76 0.81
Tops Intermediate -0.36 79.73 0.79
Bottoms Intermediate -0.54 60.98 0.93
Tops Short -0.48 73.97 0.51
Bottoms Short -0.54 66.29 0.64
alerts
Long Term Downward Sloping Trading Channel