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 18.18 0.19
Bottoms Long 0 15.96 0.36
Tops Intermediate -0.06 15.62 0.84
Bottoms Intermediate -0.06 14.87 0.86
Tops Short -0.06 15.49 0.75
Bottoms Short -0.06 15.28 0.29
alerts
Intermediate Term Downward Sloping Trading Channel