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 17.26 0.88
Bottoms Long -0.06 16.01 0.73
Tops Intermediate 0.06 20.77 0.11
Bottoms Intermediate -0.06 16.40 0.86
Tops Short -0.12 17.59 0.98
Bottoms Short -0.12 15.77 0.88
alerts
Short Term Downward Sloping Trading Channel