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 18.07 0.37
Bottoms Long 0 15.99 0.77
Tops Intermediate -0.06 16.40 0.82
Bottoms Intermediate -0.06 15.25 0.94
Tops Short -0.06 16.46 0.74
Bottoms Short -0.06 15.91 0.29
alerts
Intermediate Term Downward Sloping Trading Channel