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 41.11 0.00
Bottoms Long 0 39.67 0.04
Tops Intermediate -0.18 38.03 0.97
Bottoms Intermediate -0.18 35.26 0.98
Tops Short -0.18 37.50 0.83
Bottoms Short -0.24 36.15 0.80
alerts
Intermediate Term Downward Sloping Trading Channel