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 -0.54 114.41 0.72
Bottoms Long -0.6 96.82 0.69
Tops Intermediate -0.48 114.72 0.94
Bottoms Intermediate -0.48 103.78 0.69
Tops Short -0.6 111.03 0.83
Bottoms Short -0.84 103.09 0.91
alerts
Short Term Downward Sloping Trading Channel