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 -0.06 17.68 0.24
Bottoms Long -0.06 14.62 0.64
Tops Intermediate -0.12 15.02 0.89
Bottoms Intermediate -0.06 13.29 0.85
Tops Short -0.12 14.66 0.79
Bottoms Short -0.06 14.25 0.43
alerts
Intermediate Term Downward Sloping Trading Channel