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 17.78 0.64
Bottoms Long 0 14.89 0.76
Tops Intermediate 0.06 18.80 0.89
Bottoms Intermediate 0.06 16.42 0.81
Tops Short 0.06 18.05 0.31
Bottoms Short 0 16.52 0.11
alerts
Intermediate Term Upward Sloping Trading Channel