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 15.83 0.86
Bottoms Long 0 13.97 0.29
Tops Intermediate 0.06 16.60 0.86
Bottoms Intermediate 0.06 15.91 0.97
Tops Short 0.06 16.13 0.66
Bottoms Short 0.06 16.14 0.97
alerts
Intermediate Term Upward Sloping Trading Channel