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 10.20 0.25
Bottoms Long 0 7.65 0.05
Tops Intermediate -0.06 7.79 0.32
Bottoms Intermediate 0 7.09 0.01
Tops Short -0.12 6.82 0.84
Bottoms Short -0.12 5.97 0.88
alerts
Short Term Downward Sloping Trading Channel