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 3.21 0.81
Bottoms Long 0 3.13 0.48
Tops Intermediate -0.06 3.11 0.93
Bottoms Intermediate -0.06 1.93 0.98
Tops Short -0.06 3.02 0.74
Bottoms Short -0.06 2.30 0.76
alerts
Intermediate Term Downward Sloping Trading Channel