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 -0.12 27.28 0.96
Bottoms Long -0.12 24.07 0.98
Tops Intermediate -0.12 26.44 0.88
Bottoms Intermediate -0.12 24.22 0.89
Tops Short -0.12 26.18 0.67
Bottoms Short -0.12 24.95 0.43
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel