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 20.31 0.11
Bottoms Long 0 19.08 0.43
Tops Intermediate -0.06 17.43 0.97
Bottoms Intermediate -0.06 16.72 0.96
Tops Short -0.06 17.18 0.80
Bottoms Short -0.06 16.91 0.66
alerts
Intermediate Term Downward Sloping Trading Channel