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 -0.12 13.97 0.95
Bottoms Long -0.12 11.86 0.97
Tops Intermediate -0.06 14.45 0.78
Bottoms Intermediate -0.12 11.51 0.79
Tops Short 0.06 15.14 0.20
Bottoms Short 0 13.28 0.06
alerts
Long Term Downward Sloping Trading Channel