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 15.54 0.84
Bottoms Long -0.06 13.36 0.84
Tops Intermediate -0.06 14.68 0.90
Bottoms Intermediate -0.06 13.72 0.33
Tops Short -0.06 15.05 0.32
Bottoms Short 0 15.11 0.05
alerts
Long Term Downward Sloping Trading Channel