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 5.17 0.04
Bottoms Long 0 4.43 0.06
Tops Intermediate 0.06 6.83 0.93
Bottoms Intermediate 0.06 5.84 0.95
Tops Short 0.06 7.23 0.71
Bottoms Short 0.06 6.67 0.59
alerts
Intermediate Term Upward Sloping Trading Channel