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 2.31 0.03
Bottoms Long 0.06 3.67 0.06
Tops Intermediate 0.9 44.56 0.55
Bottoms Intermediate 0.54 25.30 0.39
Tops Short -0.24 37.83 0.95
Bottoms Short -0.18 36.67 0.84
alerts
Short Term Downward Sloping Trading Channel