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 -0.18 44.51 0.83
Bottoms Long -0.24 32.66 0.91
Tops Intermediate -0.18 41.36 0.73
Bottoms Intermediate -0.36 28.30 1.00
Tops Short -0.18 41.78 0.49
Bottoms Short 0 41.27 0.00
alerts
Long Term Downward Sloping Trading Channel