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 26.01 0.50
Bottoms Long -0.06 24.34 0.81
Tops Intermediate -0.06 24.75 0.43
Bottoms Intermediate -0.06 23.42 1.00
Tops Short -0.06 24.17 0.87
Bottoms Short -0.06 23.59 0.87
alerts
Short Term Downward Sloping Trading Channel