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 20.85 0.57
Bottoms Long 0 20.24 0.65
Tops Intermediate 0.06 21.72 0.93
Bottoms Intermediate 0.06 21.00 0.87
Tops Short 0.06 21.61 0.80
Bottoms Short 0.06 21.32 0.86
alerts
Intermediate Term Upward Sloping Trading Channel