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 -0.06 28.50 0.97
Bottoms Long -0.12 24.11 0.92
Tops Intermediate -0.06 28.80 0.41
Bottoms Intermediate 0 28.58 0.13
Tops Short -0.06 28.09 0.88
Bottoms Short -0.06 27.43 0.95
alerts
Long Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel