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 35.58 0.59
Bottoms Long 0 32.16 0.00
Tops Intermediate 0.12 41.19 0.95
Bottoms Intermediate 0.18 37.50 0.74
Tops Short 0.36 43.82 0.94
Bottoms Short 0.3 41.46 0.84
alerts
Short Term Upward Sloping Trading Channel