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 0.12 14.41 0.71
Bottoms Long 0.12 17.41 0.74
Tops Intermediate 0 11.56 0.90
Bottoms Intermediate 0 11.14 0.63
Tops Short 0.06 11.76 0.95
Bottoms Short 0.06 11.59 0.81
alerts
Short Term Upward Sloping Trading Channel