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 19.82 0.96
Bottoms Long -0.06 18.46 0.86
Tops Intermediate -0.06 19.57 0.98
Bottoms Intermediate -0.06 18.27 0.82
Tops Short 0 19.66 0.36
Bottoms Short 0 19.51 0.31
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel