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 15.33 0.71
Bottoms Long 0 11.57 0.28
Tops Intermediate 0.06 16.11 0.78
Bottoms Intermediate 0.06 14.18 0.57
Tops Short 0.18 16.94 0.89
Bottoms Short 0.24 16.41 0.97
alerts
Short Term Upward Sloping Trading Channel