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 56.09 0.87
Bottoms Long 0.06 51.36 0.45
Tops Intermediate -0.12 49.40 0.75
Bottoms Intermediate 0 50.78 0.02
Tops Short -0.18 48.55 0.93
Bottoms Short -0.12 48.57 0.82
alerts
Short Term Downward Sloping Trading Channel