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 0.15 0.69
Bottoms Long 0 0.14 0.69
Tops Intermediate 0 0.14 0.98
Bottoms Intermediate 0 0.14 0.99
Tops Short 0 0.14 0.73
Bottoms Short 0 0.14 0.58
alerts
Intermediate Term Downward Sloping Trading Channel