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 10.89 0.55
Bottoms Long 0.06 7.96 0.58
Tops Intermediate -0.06 9.13 0.99
Bottoms Intermediate -0.06 8.36 0.83
Tops Short 0 9.11 0.79
Bottoms Short 0 9.27 0.00
alerts
Intermediate Term Downward Sloping Trading Channel