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 -0.24 12.34 0.82
Bottoms Long -0.12 13.48 0.72
Tops Intermediate -0.12 16.13 0.67
Bottoms Intermediate -0.12 14.23 0.78
Tops Short -0.3 13.36 0.92
Bottoms Short -0.36 11.66 0.96
alerts
Short Term Downward Sloping Trading Channel