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 13.99 0.68
Bottoms Long 0 13.42 0.44
Tops Intermediate -0.06 12.96 0.95
Bottoms Intermediate -0.06 12.20 0.95
Tops Short -0.06 12.65 0.92
Bottoms Short -0.06 12.16 0.89
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel