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 0.24 24.17 0.52
Bottoms Long 0 0.89 0.18
Tops Intermediate 0.06 29.11 0.85
Bottoms Intermediate 0.24 27.37 0.05
Tops Short 0.18 30.98 0.97
Bottoms Short 0.18 30.64 0.96
alerts
Short Term Upward Sloping Trading Channel