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 21.12 0.22
Bottoms Long 0 17.82 0.52
Tops Intermediate -0.06 17.81 0.80
Bottoms Intermediate -0.12 15.71 0.92
Tops Short -0.18 15.16 0.92
Bottoms Short -0.18 14.10 0.97
alerts
Short Term Downward Sloping Trading Channel