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 22.54 0.95
Bottoms Long 0 21.15 0.85
Tops Intermediate 0.06 23.04 0.95
Bottoms Intermediate 0 20.40 0.06
Tops Short -0.06 21.03 0.37
Bottoms Short -0.06 19.80 0.78
alerts
Long Term Upward Sloping Trading Channel