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 35.71 0.92
Bottoms Long -0.18 31.55 0.96
Tops Intermediate -0.24 34.70 0.87
Bottoms Intermediate -0.3 29.92 0.87
Tops Short -0.12 35.50 0.60
Bottoms Short -0.42 26.91 0.84
alerts
Long Term Downward Sloping Trading Channel
Long Term Bearish Breakout
Intermediate Term Downward Sloping Trading Channel