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 13.32 0.84
Bottoms Long 0 12.23 0.27
Tops Intermediate 0 12.40 0.04
Bottoms Intermediate 0 11.63 0.59
Tops Short -0.06 11.47 0.87
Bottoms Short -0.06 11.37 0.85
alerts
Short Term Downward Sloping Trading Channel