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 -0.36 92.75 0.88
Bottoms Long -0.42 78.19 0.99
Tops Intermediate -0.18 98.59 0.42
Bottoms Intermediate -0.06 93.71 0.04
Tops Short 0.12 102.42 0.11
Bottoms Short 0.3 101.36 0.29
alerts
Long Term Downward Sloping Trading Channel