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 12.61 0.16
Bottoms Long 0 10.14 0.02
Tops Intermediate 0.06 13.90 0.50
Bottoms Intermediate 0.06 12.73 0.60
Tops Short -0.06 11.78 0.85
Bottoms Short -0.06 11.15 0.89
alerts
Short Term Downward Sloping Trading Channel