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 0.12 19.67 0.98
Bottoms Long 0.06 13.72 0.59
Tops Intermediate -0.06 11.01 0.17
Bottoms Intermediate 0 12.58 0.03
Tops Short 0.3 17.84 0.92
Bottoms Short 0.3 16.21 0.85
alerts
Short Term Upward Sloping Trading Channel