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 33.36 0.08
Bottoms Long 0 29.47 0.04
Tops Intermediate 0.12 32.75 0.29
Bottoms Intermediate 0.18 34.66 0.64
Tops Short -0.18 29.44 0.97
Bottoms Short -0.18 29.29 0.93
alerts
Short Term Downward Sloping Trading Channel