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 24.52 0.84
Bottoms Long 0 7.30 0.07
Tops Intermediate -0.18 5.55 0.89
Bottoms Intermediate -0.18 2.23 0.94
Tops Short -0.12 5.01 0.46
Bottoms Short -0.24 1.42 0.83
alerts
Intermediate Term Downward Sloping Trading Channel