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 20.84 0.44
Bottoms Long 0 17.04 0.23
Tops Intermediate 0.18 23.16 0.87
Bottoms Intermediate 0.12 19.76 0.85
Tops Short 0.06 21.57 0.39
Bottoms Short 0.12 20.79 0.45
alerts
Intermediate Term Upward Sloping Trading Channel