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 4.35 0.47
Bottoms Long 0 3.30 0.12
Tops Intermediate 0.12 9.69 0.82
Bottoms Intermediate 0.12 9.17 0.86
Tops Short 0.18 10.50 0.78
Bottoms Short 0.18 10.12 0.79
alerts
Intermediate Term Upward Sloping Trading Channel