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 7.23 0.09
Bottoms Long 0 6.29 0.00
Tops Intermediate 0.24 18.10 0.86
Bottoms Intermediate 0.24 17.67 0.85
Tops Short 0.42 22.20 0.85
Bottoms Short 0.42 20.42 0.78
alerts
Intermediate Term Upward Sloping Trading Channel