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 15.56 0.04
Bottoms Long 0 12.91 0.28
Tops Intermediate -0.06 12.98 0.99
Bottoms Intermediate -0.06 11.73 0.97
Tops Short -0.06 12.98 0.61
Bottoms Short -0.06 12.07 0.81
alerts
Intermediate Term Downward Sloping Trading Channel