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 58.01 0.26
Bottoms Long -0.12 44.64 0.59
Tops Intermediate -0.36 44.78 0.68
Bottoms Intermediate -0.36 38.60 0.61
Tops Short -0.72 38.25 0.93
Bottoms Short -0.72 35.16 0.83
alerts
Short Term Downward Sloping Trading Channel