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 74.75 0.98
Bottoms Long -0.24 71.14 0.83
Tops Intermediate -0.3 75.03 0.84
Bottoms Intermediate -0.3 68.12 0.73
Tops Short -0.42 71.69 0.83
Bottoms Short -0.24 70.86 0.40
alerts
Long Term Downward Sloping Trading Channel