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 13.51 0.76
Bottoms Long 0 9.75 0.65
Tops Intermediate 0.12 14.81 0.88
Bottoms Intermediate 0.06 11.59 0.83
Tops Short 0.18 15.60 0.87
Bottoms Short 0.12 13.83 0.52
alerts
Intermediate Term Upward Sloping Trading Channel