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 54.80 0.21
Bottoms Long -0.06 48.13 0.70
Tops Intermediate -0.12 50.39 0.87
Bottoms Intermediate -0.18 45.59 0.84
Tops Short -0.18 48.98 0.57
Bottoms Short -0.06 49.14 0.05
alerts
Intermediate Term Downward Sloping Trading Channel