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 -0.54 98.98 0.95
Bottoms Long -0.54 79.31 0.91
Tops Intermediate -0.48 95.85 0.74
Bottoms Intermediate -0.3 90.80 0.57
Tops Short -0.24 99.06 0.23
Bottoms Short 0.12 98.13 0.03
alerts
Long Term Downward Sloping Trading Channel