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 10.65 0.73
Bottoms Long 0 9.44 0.74
Tops Intermediate 0 8.41 0.11
Bottoms Intermediate 0 7.24 0.30
Tops Short -0.12 6.48 0.91
Bottoms Short -0.06 6.70 0.92
alerts
Short Term Downward Sloping Trading Channel