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 33.71 0.03
Bottoms Long 0 31.50 0.30
Tops Intermediate -0.06 30.91 0.52
Bottoms Intermediate 0 32.60 0.11
Tops Short -0.18 29.15 0.94
Bottoms Short -0.12 28.74 1.00
alerts
Short Term Downward Sloping Trading Channel