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 43.53 0.14
Bottoms Long -0.12 34.81 0.62
Tops Intermediate -0.3 37.61 0.95
Bottoms Intermediate -0.48 28.56 0.96
Tops Short -0.06 40.67 0.67
Bottoms Short -0.12 35.74 0.21
alerts
Intermediate Term Downward Sloping Trading Channel