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 14.38 0.95
Bottoms Long -0.12 12.24 0.97
Tops Intermediate -0.12 14.55 0.91
Bottoms Intermediate -0.12 11.82 0.88
Tops Short 0 14.99 0.12
Bottoms Short -0.06 13.20 0.23
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel