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 99.45 0.07
Bottoms Long 0 95.50 0.00
Tops Intermediate 0.36 112.84 0.96
Bottoms Intermediate 0.42 110.81 0.93
Tops Short 0.24 109.92 0.92
Bottoms Short 0.18 107.02 0.77
alerts
Intermediate Term Upward Sloping Trading Channel