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 0.36 37.47 0.56
Bottoms Long 0.3 27.87 0.57
Tops Intermediate -0.3 26.70 0.98
Bottoms Intermediate -0.24 26.04 0.96
Tops Short -0.18 28.07 0.84
Bottoms Short -0.18 26.78 0.77
alerts
Intermediate Term Downward Sloping Trading Channel