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 15.17 0.99
Bottoms Long -0.12 13.63 0.98
Tops Intermediate -0.12 14.66 0.98
Bottoms Intermediate -0.18 12.93 0.91
Tops Short -0.12 15.23 0.87
Bottoms Short -0.06 14.54 0.82
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel