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 2.66 0.09
Bottoms Long 0 0.77 0.04
Tops Intermediate 0.36 15.37 0.55
Bottoms Intermediate 0.18 6.81 0.28
Tops Short 1.02 27.60 0.86
Bottoms Short 0.96 25.14 0.89
alerts
Short Term Upward Sloping Trading Channel