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 5.17 0.69
Bottoms Long -0.06 4.04 0.68
Tops Intermediate -0.06 3.97 0.88
Bottoms Intermediate -0.06 3.77 0.86
Tops Short -0.06 3.92 0.77
Bottoms Short 0 3.97 0.51
alerts
Intermediate Term Downward Sloping Trading Channel