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 -0.12 64.49 0.82
Bottoms Long -0.12 60.31 0.95
Tops Intermediate -0.12 63.08 0.72
Bottoms Intermediate -0.12 60.47 0.91
Tops Short -0.12 62.14 0.49
Bottoms Short -0.18 59.64 0.95
alerts
Long Term Downward Sloping Trading Channel