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 -0.42 65.98 0.89
Bottoms Long -0.42 53.49 0.91
Tops Intermediate -0.48 63.64 0.79
Bottoms Intermediate -0.54 48.83 0.96
Tops Short 0 67.54 0.00
Bottoms Short 0.24 65.84 0.53
alerts
Long Term Downward Sloping Trading Channel