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 9.19 0.70
Bottoms Long -0.06 5.42 0.94
Tops Intermediate -0.12 5.40 0.97
Bottoms Intermediate -0.06 5.12 0.91
Tops Short -0.06 5.89 0.97
Bottoms Short -0.06 5.43 0.93
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel