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 15.20 0.37
Bottoms Long 0 13.84 0.56
Tops Intermediate -0.12 13.10 0.90
Bottoms Intermediate -0.12 11.16 0.98
Tops Short -0.12 12.06 0.83
Bottoms Short -0.18 11.39 0.75
alerts
Intermediate Term Downward Sloping Trading Channel