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 34.28 0.81
Bottoms Long -0.06 31.14 0.86
Tops Intermediate -0.18 32.13 0.94
Bottoms Intermediate -0.12 31.05 0.42
Tops Short -0.06 33.12 0.89
Bottoms Short -0.06 32.56 0.23
alerts
Long Term Downward Sloping Trading Channel