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 9.79 0.62
Bottoms Long -0.06 6.81 0.75
Tops Intermediate -0.12 6.89 0.93
Bottoms Intermediate -0.18 4.90 0.97
Tops Short -0.12 6.50 0.77
Bottoms Short -0.18 5.17 0.93
alerts
Intermediate Term Downward Sloping Trading Channel