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 -0.18 28.18 0.87
Bottoms Long -0.24 16.82 0.90
Tops Intermediate -0.3 21.40 0.92
Bottoms Intermediate -0.18 19.02 0.71
Tops Short -0.3 20.44 0.61
Bottoms Short -0.18 20.27 0.33
alerts
Long Term Downward Sloping Trading Channel