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 21.02 0.90
Bottoms Long -0.12 14.27 0.84
Tops Intermediate -0.12 17.62 0.81
Bottoms Intermediate -0.12 14.25 0.76
Tops Short -0.12 16.88 0.39
Bottoms Short -0.06 17.38 0.04
alerts
Long Term Downward Sloping Trading Channel