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 26.34 0.63
Bottoms Long -0.06 22.51 0.88
Tops Intermediate -0.24 21.71 1.00
Bottoms Intermediate -0.12 22.33 0.99
Tops Short -0.12 23.35 0.89
Bottoms Short -0.12 22.26 0.88
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel