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 12.96 0.73
Bottoms Long -0.06 12.11 0.72
Tops Intermediate -0.12 11.40 0.95
Bottoms Intermediate -0.12 10.29 0.93
Tops Short -0.06 11.85 0.71
Bottoms Short 0 12.34 0.59
alerts
Intermediate Term Downward Sloping Trading Channel