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 1.14 157.61 0.60
Bottoms Long 1.08 136.13 0.68
Tops Intermediate -0.36 88.28 0.63
Bottoms Intermediate -0.42 74.72 0.62
Tops Short -1.08 70.73 0.85
Bottoms Short -1.08 65.38 0.93
alerts
Short Term Downward Sloping Trading Channel