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 0.54 59.92 0.68
Bottoms Long 0.42 44.45 0.71
Tops Intermediate -0.12 34.78 0.96
Bottoms Intermediate -0.06 34.06 0.82
Tops Short -0.12 34.46 0.74
Bottoms Short 0 34.72 0.16
alerts
Intermediate Term Downward Sloping Trading Channel