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 14.00 0.31
Bottoms Long 0 11.57 0.06
Tops Intermediate 0.06 16.07 0.96
Bottoms Intermediate 0.06 15.05 0.91
Tops Short 0.06 15.26 0.66
Bottoms Short 0.06 14.80 0.65
alerts
Intermediate Term Upward Sloping Trading Channel