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 19.51 0.14
Bottoms Long 0 16.67 0.06
Tops Intermediate -0.12 16.74 0.72
Bottoms Intermediate -0.06 15.07 1.00
Tops Short -0.12 15.70 0.94
Bottoms Short -0.12 14.81 0.88
alerts
Short Term Downward Sloping Trading Channel