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 33.12 0.06
Bottoms Long 0 30.46 0.09
Tops Intermediate -0.12 29.36 0.79
Bottoms Intermediate -0.06 29.53 0.24
Tops Short -0.18 27.71 0.90
Bottoms Short -0.18 26.89 0.82
alerts
Short Term Downward Sloping Trading Channel