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 -0.12 12.86 0.44
Bottoms Long 0 11.41 0.02
Tops Intermediate -0.12 12.32 0.46
Bottoms Intermediate -0.06 11.68 0.10
Tops Short -0.24 10.07 0.84
Bottoms Short -0.18 8.75 0.90
alerts
Short Term Downward Sloping Trading Channel