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 26.00 0.71
Bottoms Long -0.06 22.70 0.83
Tops Intermediate -0.24 22.17 1.00
Bottoms Intermediate -0.12 22.51 0.99
Tops Short -0.18 22.92 0.87
Bottoms Short -0.12 22.49 0.88
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel