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 8.19 0.80
Bottoms Long 0 5.77 0.91
Tops Intermediate 0.06 8.67 0.66
Bottoms Intermediate 0 6.72 0.35
Tops Short 0.12 9.31 0.92
Bottoms Short 0.12 8.11 0.87
alerts
Short Term Upward Sloping Trading Channel