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 16.24 0.98
Bottoms Long -0.06 14.36 0.88
Tops Intermediate -0.06 16.34 0.51
Bottoms Intermediate -0.06 15.17 0.43
Tops Short 0 16.42 0.07
Bottoms Short 0.06 16.38 0.16
alerts
Long Term Downward Sloping Trading Channel