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 17.87 0.95
Bottoms Long -0.18 14.13 0.91
Tops Intermediate -0.06 19.83 0.48
Bottoms Intermediate -0.06 18.41 0.20
Tops Short -0.06 20.11 0.17
Bottoms Short 0.06 20.03 0.26
alerts
Long Term Downward Sloping Trading Channel