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 49.44 0.00
Bottoms Long 0.06 48.37 0.24
Tops Intermediate -0.24 43.35 0.99
Bottoms Intermediate -0.24 41.49 1.00
Tops Short -0.24 42.06 0.85
Bottoms Short -0.18 41.61 0.71
alerts
Intermediate Term Downward Sloping Trading Channel