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 19.32 0.01
Bottoms Long 0 16.98 0.01
Tops Intermediate -0.06 17.67 0.91
Bottoms Intermediate -0.06 14.89 0.87
Tops Short -0.06 16.57 0.55
Bottoms Short -0.06 15.79 0.60
alerts
Intermediate Term Downward Sloping Trading Channel