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 26.80 0.54
Bottoms Long 0.06 23.62 0.71
Tops Intermediate -0.06 23.42 0.97
Bottoms Intermediate -0.06 21.70 0.88
Tops Short -0.06 23.49 0.45
Bottoms Short -0.06 22.98 0.08
alerts
Intermediate Term Downward Sloping Trading Channel