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 26.79 0.55
Bottoms Long 0 25.38 0.60
Tops Intermediate -0.06 26.65 0.46
Bottoms Intermediate 0 25.84 0.16
Tops Short -0.12 25.60 0.94
Bottoms Short -0.12 24.71 0.89
alerts
Short Term Downward Sloping Trading Channel