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 0.12 20.76 0.66
Bottoms Long 0.12 18.78 0.86
Tops Intermediate 0 17.19 0.01
Bottoms Intermediate 0.06 17.96 0.57
Tops Short 0.18 20.14 0.85
Bottoms Short 0.18 19.48 0.84
alerts
Short Term Upward Sloping Trading Channel