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 -0.18 18.05 0.95
Bottoms Long -0.18 14.30 0.91
Tops Intermediate -0.06 19.85 0.50
Bottoms Intermediate -0.06 18.46 0.20
Tops Short -0.06 20.15 0.17
Bottoms Short 0 19.71 0.00
alerts
Long Term Downward Sloping Trading Channel