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 38.93 0.17
Bottoms Long 0 32.73 0.05
Tops Intermediate 0.24 43.02 0.54
Bottoms Intermediate 0.3 41.05 0.57
Tops Short -0.24 35.14 0.92
Bottoms Short -0.24 33.72 0.91
alerts
Short Term Downward Sloping Trading Channel