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 8.70 0.63
Bottoms Long 0 8.68 0.29
Tops Intermediate -0.06 8.44 0.94
Bottoms Intermediate -0.06 7.15 0.94
Tops Short -0.06 8.05 0.58
Bottoms Short -0.06 7.48 0.61
alerts
Intermediate Term Downward Sloping Trading Channel