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 13.79 0.03
Bottoms Long 0 10.41 0.14
Tops Intermediate -0.12 9.26 0.97
Bottoms Intermediate -0.12 7.80 0.85
Tops Short -0.12 8.90 0.73
Bottoms Short -0.06 8.80 0.39
alerts
Intermediate Term Downward Sloping Trading Channel