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 20.02 0.96
Bottoms Long 0.06 17.65 0.95
Tops Intermediate 0 18.58 0.20
Bottoms Intermediate 0 17.50 0.86
Tops Short 0 17.80 0.11
Bottoms Short 0 17.47 0.66
alerts
Long Term Upward Sloping Trading Channel