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 75.76 0.77
Bottoms Long -0.18 69.11 0.63
Tops Intermediate -0.42 69.97 1.00
Bottoms Intermediate -0.42 63.88 0.88
Tops Short -0.42 68.78 0.67
Bottoms Short -0.36 65.57 0.42
alerts
Intermediate Term Downward Sloping Trading Channel