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 5.41 0.93
Bottoms Long 0 3.48 0.85
Tops Intermediate 0 5.02 0.79
Bottoms Intermediate 0 3.68 0.02
Tops Short 0 4.35 0.13
Bottoms Short -0.06 3.18 0.32
alerts
Long Term Upward Sloping Trading Channel