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 29.22 0.97
Bottoms Long -0.06 28.31 0.95
Tops Intermediate -0.06 29.47 0.83
Bottoms Intermediate -0.06 28.74 0.79
Tops Short -0.06 30.16 0.52
Bottoms Short 0 29.82 0.00
alerts
Long Term Downward Sloping Trading Channel