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 54.66 0.59
Bottoms Long -0.06 52.30 0.79
Tops Intermediate -0.12 51.89 0.83
Bottoms Intermediate -0.12 50.70 0.83
Tops Short -0.06 53.83 0.21
Bottoms Short -0.12 51.45 0.37
alerts
Intermediate Term Downward Sloping Trading Channel