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 23.82 0.04
Bottoms Long 0 21.94 0.21
Tops Intermediate 0 23.94 0.02
Bottoms Intermediate -0.06 20.72 0.57
Tops Short -0.12 21.17 0.92
Bottoms Short -0.06 20.41 0.85
alerts
Short Term Downward Sloping Trading Channel