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 16.03 0.32
Bottoms Long 0 14.49 0.44
Tops Intermediate -0.06 14.53 0.86
Bottoms Intermediate -0.06 12.89 0.96
Tops Short -0.06 14.47 0.72
Bottoms Short -0.06 13.51 0.56
alerts
Intermediate Term Downward Sloping Trading Channel