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 10.19 0.77
Bottoms Long -0.06 8.37 0.84
Tops Intermediate -0.12 8.35 0.98
Bottoms Intermediate -0.12 6.71 0.97
Tops Short -0.06 8.94 0.63
Bottoms Short 0 8.87 0.09
alerts
Intermediate Term Downward Sloping Trading Channel