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 26.75 0.95
Bottoms Long -0.12 23.69 0.89
Tops Intermediate -0.12 24.70 0.92
Bottoms Intermediate -0.12 22.45 0.88
Tops Short -0.12 23.99 0.75
Bottoms Short -0.18 22.15 0.85
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel