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 10.24 0.40
Bottoms Long 0 9.86 0.21
Tops Intermediate 0 9.81 0.82
Bottoms Intermediate 0 9.44 0.94
Tops Short -0.06 9.53 0.88
Bottoms Short -0.06 9.37 0.64
alerts
Intermediate Term Downward Sloping Trading Channel