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 86.63 0.46
Bottoms Long -0.18 57.78 0.79
Tops Intermediate 0.06 77.44 0.00
Bottoms Intermediate 0.18 77.07 0.11
Tops Short 1.26 101.36 0.86
Bottoms Short 1.08 95.19 0.82
alerts
Short Term Upward Sloping Trading Channel