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 15.28 0.77
Bottoms Long -0.06 14.26 0.50
Tops Intermediate -0.12 13.55 0.97
Bottoms Intermediate -0.12 11.29 0.99
Tops Short -0.12 12.24 0.74
Bottoms Short -0.12 11.70 0.76
alerts
Intermediate Term Downward Sloping Trading Channel