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 17.82 0.87
Bottoms Long -0.06 15.86 0.89
Tops Intermediate -0.06 16.85 0.92
Bottoms Intermediate -0.06 16.18 0.77
Tops Short 0 17.42 0.06
Bottoms Short 0 17.21 0.00
alerts
Long Term Downward Sloping Trading Channel