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 14.33 0.51
Bottoms Long 0 13.53 0.40
Tops Intermediate -0.06 13.01 0.91
Bottoms Intermediate -0.06 12.18 0.88
Tops Short -0.06 12.62 0.73
Bottoms Short -0.06 12.07 0.77
alerts
Intermediate Term Downward Sloping Trading Channel