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 -0.3 103.46 0.76
Bottoms Long -0.36 90.75 0.83
Tops Intermediate -0.78 88.24 0.93
Bottoms Intermediate -0.9 77.59 0.93
Tops Short -0.6 91.62 0.75
Bottoms Short -0.36 91.34 0.32
alerts
Intermediate Term Downward Sloping Trading Channel