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 54.86 0.01
Bottoms Long 0 50.13 0.00
Tops Intermediate -0.06 51.45 0.28
Bottoms Intermediate -0.06 47.37 0.15
Tops Short -0.36 46.86 0.90
Bottoms Short -0.3 44.50 0.93
alerts
Short Term Downward Sloping Trading Channel