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 4.98 0.92
Bottoms Long -0.06 3.78 0.89
Tops Intermediate -0.06 3.92 0.90
Bottoms Intermediate -0.06 3.49 0.89
Tops Short -0.06 3.95 0.90
Bottoms Short -0.06 3.63 0.85
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel