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 38.49 0.60
Bottoms Long -0.06 32.89 0.68
Tops Intermediate -0.18 34.40 0.90
Bottoms Intermediate -0.12 31.31 1.00
Tops Short -0.06 34.16 0.38
Bottoms Short -0.12 32.35 0.32
alerts
Intermediate Term Downward Sloping Trading Channel