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 31.71 0.90
Bottoms Long -0.06 29.59 0.89
Tops Intermediate -0.12 30.68 0.75
Bottoms Intermediate -0.12 28.77 0.80
Tops Short -0.06 30.43 0.46
Bottoms Short -0.06 29.89 0.26
alerts
Long Term Downward Sloping Trading Channel