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 0.06 84.98 0.20
Bottoms Long -0.06 67.07 0.23
Tops Intermediate -0.18 73.10 0.33
Bottoms Intermediate -0.3 63.39 0.52
Tops Short -0.84 61.12 0.90
Bottoms Short -0.6 58.45 0.86
alerts
Short Term Downward Sloping Trading Channel