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 22.72 0.42
Bottoms Long 0 21.07 0.27
Tops Intermediate 0.06 23.71 0.62
Bottoms Intermediate 0.12 23.35 0.74
Tops Short 0.24 26.87 0.97
Bottoms Short 0.24 25.99 0.90
alerts
Short Term Upward Sloping Trading Channel