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 50.16 0.95
Bottoms Long -0.24 45.64 0.98
Tops Intermediate -0.24 53.01 0.96
Bottoms Intermediate -0.24 45.79 0.82
Tops Short -0.24 51.90 0.62
Bottoms Short -0.24 48.64 0.46
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel