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 3.36 0.06
Bottoms Long 0 2.64 0.06
Tops Intermediate 0.72 36.82 0.62
Bottoms Intermediate 0.48 25.03 0.53
Tops Short -0.24 23.47 0.89
Bottoms Short -0.24 21.32 0.97
alerts
Short Term Downward Sloping Trading Channel