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 65.55 0.82
Bottoms Long 0.18 59.29 0.98
Tops Intermediate 0 60.34 0.00
Bottoms Intermediate 0.12 58.80 0.81
Tops Short 0.06 60.69 0.05
Bottoms Short 0.12 59.49 0.71
alerts
Long Term Upward Sloping Trading Channel