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 0.06 7.42 0.36
Bottoms Long 0 1.56 0.07
Tops Intermediate 0.36 19.63 0.91
Bottoms Intermediate 0.36 17.49 0.69
Tops Short 0.12 17.97 0.89
Bottoms Short 0.12 17.81 0.85
alerts
Short Term Upward Sloping Trading Channel