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 12.37 0.91
Bottoms Long 0 12.87 0.23
Tops Intermediate -0.06 12.38 0.96
Bottoms Intermediate -0.12 10.84 0.82
Tops Short -0.12 12.08 0.83
Bottoms Short -0.06 11.67 0.55
alerts
Intermediate Term Downward Sloping Trading Channel