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 10.52 0.90
Bottoms Long -0.06 9.57 0.95
Tops Intermediate -0.06 10.71 0.82
Bottoms Intermediate -0.06 9.53 0.94
Tops Short 0 10.87 0.08
Bottoms Short 0 10.23 0.07
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel