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 -0.18 75.69 0.79
Bottoms Long -0.18 68.59 0.86
Tops Intermediate -0.24 69.96 0.89
Bottoms Intermediate -0.24 67.29 0.83
Tops Short 0 73.29 0.02
Bottoms Short -0.06 70.35 0.44
alerts
Intermediate Term Downward Sloping Trading Channel