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 11.60 0.83
Bottoms Long -0.06 9.59 0.93
Tops Intermediate -0.06 10.72 0.93
Bottoms Intermediate -0.06 10.04 0.82
Tops Short -0.06 10.58 0.78
Bottoms Short -0.06 10.08 0.86
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel