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 0.12 14.06 0.18
Bottoms Long 0.12 11.74 0.25
Tops Intermediate -0.06 33.11 0.73
Bottoms Intermediate -0.06 31.44 0.64
Tops Short -0.18 31.70 0.94
Bottoms Short -0.18 30.15 0.97
alerts
Short Term Downward Sloping Trading Channel