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 40.82 0.20
Bottoms Long 0 39.22 0.04
Tops Intermediate 0.06 43.23 0.95
Bottoms Intermediate 0.06 42.93 0.88
Tops Short 0.06 43.06 0.91
Bottoms Short 0.06 42.61 0.77
alerts
Intermediate Term Upward Sloping Trading Channel