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 20.20 0.06
Bottoms Long 0 19.48 0.02
Tops Intermediate 0 19.57 0.90
Bottoms Intermediate 0 19.01 0.94
Tops Short 0 19.29 0.44
Bottoms Short 0 19.18 0.48
alerts
Intermediate Term Downward Sloping Trading Channel