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 16.49 0.32
Bottoms Long 0 12.89 0.41
Tops Intermediate 0.06 17.28 0.31
Bottoms Intermediate 0.12 17.70 0.61
Tops Short 0.3 20.64 0.88
Bottoms Short 0.36 20.65 0.85
alerts
Short Term Upward Sloping Trading Channel