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 53.18 0.62
Bottoms Long -0.12 45.31 0.62
Tops Intermediate 0.06 56.40 0.27
Bottoms Intermediate 0.06 53.07 0.12
Tops Short -0.18 51.23 0.97
Bottoms Short -0.24 48.63 0.87
alerts
Short Term Downward Sloping Trading Channel