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 14.61 0.46
Bottoms Long 0.12 17.49 0.69
Tops Intermediate 0 11.76 0.33
Bottoms Intermediate 0.06 11.93 0.56
Tops Short -0.12 9.33 0.89
Bottoms Short -0.18 8.95 0.89
alerts
Short Term Downward Sloping Trading Channel