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 -0.12 69.99 0.73
Bottoms Long -0.18 58.75 0.73
Tops Intermediate -0.36 60.12 0.92
Bottoms Intermediate -0.36 55.09 0.88
Tops Short -0.42 57.64 0.78
Bottoms Short -0.24 57.90 0.33
alerts
Intermediate Term Downward Sloping Trading Channel