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 50.39 0.02
Bottoms Long 0 49.16 0.01
Tops Intermediate -0.06 46.52 0.98
Bottoms Intermediate -0.12 45.12 0.93
Tops Short -0.06 46.75 0.57
Bottoms Short -0.18 44.12 0.84
alerts
Intermediate Term Downward Sloping Trading Channel