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 1.56 0.77
Bottoms Long -0.06 1.40 0.82
Tops Intermediate -0.06 1.53 0.83
Bottoms Intermediate -0.06 1.26 0.97
Tops Short -0.06 1.50 0.85
Bottoms Short -0.06 1.31 0.95
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel