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 59.19 0.43
Bottoms Long -0.06 47.12 0.36
Tops Intermediate 0 58.18 0.03
Bottoms Intermediate 0 51.05 0.00
Tops Short 0.48 62.15 0.98
Bottoms Short 0.54 59.73 0.95
alerts
Short Term Upward Sloping Trading Channel