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 -0.12 14.69 0.82
Bottoms Long -0.12 10.84 0.89
Tops Intermediate -0.12 13.44 0.86
Bottoms Intermediate -0.12 10.18 0.71
Tops Short 0 14.44 0.02
Bottoms Short 0 13.77 0.04
alerts
Long Term Downward Sloping Trading Channel