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 -0.66 81.25 0.98
Bottoms Long -0.6 71.87 0.99
Tops Intermediate -0.42 87.77 0.95
Bottoms Intermediate -0.36 82.42 0.73
Tops Short -0.06 92.66 0.13
Bottoms Short -0.12 87.31 0.18
alerts
Long Term Downward Sloping Trading Channel