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 93.10 0.52
Bottoms Long 0.12 83.39 0.24
Tops Intermediate -0.06 87.79 0.04
Bottoms Intermediate -0.42 68.22 0.75
Tops Short -0.96 64.90 0.86
Bottoms Short -0.84 62.63 0.87
alerts
Short Term Downward Sloping Trading Channel