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 0.99 0.01
Bottoms Long 0 0.91 0.02
Tops Intermediate 0 1.17 0.84
Bottoms Intermediate 0 1.08 0.98
Tops Short 0 1.06 0.15
Bottoms Short 0 1.04 0.00
alerts
Intermediate Term Upward Sloping Trading Channel