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 0.9 166.44 0.57
Bottoms Long 0.42 99.22 0.66
Tops Intermediate -1.32 76.00 0.83
Bottoms Intermediate -1.32 53.28 0.76
Tops Short -1.56 64.30 0.90
Bottoms Short -1.5 56.85 0.87
alerts
Short Term Downward Sloping Trading Channel