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 21.08 0.37
Bottoms Long -0.06 18.13 0.57
Tops Intermediate 0 20.79 0.08
Bottoms Intermediate 0 21.09 0.10
Tops Short 0.18 23.69 0.97
Bottoms Short 0.18 23.23 0.96
alerts
Short Term Upward Sloping Trading Channel