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 -0.06 31.27 0.48
Bottoms Long -0.06 28.21 0.77
Tops Intermediate -0.12 28.80 1.00
Bottoms Intermediate -0.18 26.39 0.97
Tops Short -0.12 27.99 0.75
Bottoms Short -0.12 27.34 0.82
alerts
Intermediate Term Downward Sloping Trading Channel