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 25.30 0.52
Bottoms Long 0 23.23 0.17
Tops Intermediate -0.06 22.40 0.75
Bottoms Intermediate -0.06 21.36 0.91
Tops Short -0.12 21.76 0.96
Bottoms Short -0.12 21.19 0.84
alerts
Short Term Downward Sloping Trading Channel