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 43.01 0.74
Bottoms Long -0.12 39.02 0.91
Tops Intermediate -0.36 33.56 0.99
Bottoms Intermediate -0.36 31.16 0.99
Tops Short -0.3 34.44 0.83
Bottoms Short -0.36 31.18 0.97
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel