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 22.89 0.13
Bottoms Long 0 20.84 0.06
Tops Intermediate -0.06 20.15 0.98
Bottoms Intermediate -0.06 18.78 1.00
Tops Short -0.06 19.53 0.67
Bottoms Short -0.12 18.43 0.97
alerts
Intermediate Term Downward Sloping Trading Channel