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 18.67 0.35
Bottoms Long 0.06 13.31 0.70
Tops Intermediate -0.3 8.42 0.96
Bottoms Intermediate -0.18 7.11 0.89
Tops Short -0.24 8.96 0.77
Bottoms Short -0.24 7.26 0.79
alerts
Intermediate Term Downward Sloping Trading Channel