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 49.96 0.09
Bottoms Long -0.06 46.11 0.56
Tops Intermediate -0.12 45.57 0.98
Bottoms Intermediate -0.12 44.30 0.94
Tops Short -0.06 46.57 0.38
Bottoms Short -0.12 44.91 0.72
alerts
Intermediate Term Downward Sloping Trading Channel