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 14.90 0.84
Bottoms Long -0.06 13.57 0.96
Tops Intermediate 0 16.14 0.20
Bottoms Intermediate 0 15.95 0.37
Tops Short 0 16.35 0.46
Bottoms Short 0.06 16.26 0.69
alerts
Long Term Downward Sloping Trading Channel