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 10.22 0.95
Bottoms Long 0 10.13 0.95
Tops Intermediate 0 10.17 0.91
Bottoms Intermediate 0 10.14 0.97
Tops Short 0 10.15 0.67
Bottoms Short 0 10.10 0.86
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel