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 -0.24 26.54 0.91
Bottoms Long -0.3 20.03 0.94
Tops Intermediate -0.06 29.49 0.12
Bottoms Intermediate -0.06 28.55 0.11
Tops Short 0.06 31.68 0.22
Bottoms Short 0.12 31.17 0.30
alerts
Long Term Downward Sloping Trading Channel