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 28.74 0.81
Bottoms Long -0.06 25.18 0.80
Tops Intermediate -0.06 28.04 0.88
Bottoms Intermediate -0.12 23.40 0.99
Tops Short -0.18 23.76 0.94
Bottoms Short -0.12 23.74 0.78
alerts
Intermediate Term Downward Sloping Trading Channel