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 20.16 0.44
Bottoms Long 0 19.26 0.04
Tops Intermediate 0 21.14 0.04
Bottoms Intermediate 0 19.44 1.00
Tops Short -0.12 19.41 0.95
Bottoms Short -0.12 18.11 0.91
alerts
Short Term Downward Sloping Trading Channel