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 61.77 0.40
Bottoms Long 0.12 61.98 0.52
Tops Intermediate -0.06 57.56 0.09
Bottoms Intermediate 0.12 59.26 0.37
Tops Short -0.24 54.95 0.85
Bottoms Short -0.42 49.11 0.85
alerts
Short Term Downward Sloping Trading Channel