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 66.15 0.00
Bottoms Long -0.06 55.61 0.24
Tops Intermediate -0.12 59.78 0.89
Bottoms Intermediate -0.36 44.13 0.99
Tops Short 0 59.11 0.01
Bottoms Short 0.18 58.28 0.18
alerts
Intermediate Term Downward Sloping Trading Channel