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 79.71 0.01
Bottoms Long -0.12 63.46 0.71
Tops Intermediate -0.12 74.20 0.07
Bottoms Intermediate 0 71.37 0.00
Tops Short 0.54 84.10 0.87
Bottoms Short 0.54 80.22 0.93
alerts
Short Term Upward Sloping Trading Channel