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 55.81 0.71
Bottoms Long -0.12 55.44 0.42
Tops Intermediate -0.18 54.80 0.93
Bottoms Intermediate -0.18 53.44 0.75
Tops Short -0.12 55.48 0.93
Bottoms Short -0.12 55.30 0.87
alerts
Short Term Downward Sloping Trading Channel