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 18.87 0.17
Bottoms Long 0 16.15 0.01
Tops Intermediate 0.06 20.41 0.91
Bottoms Intermediate 0.06 20.06 0.97
Tops Short 0.06 19.95 0.55
Bottoms Short 0.06 19.51 0.60
alerts
Intermediate Term Upward Sloping Trading Channel