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 21.28 0.78
Bottoms Long 0.06 18.17 0.92
Tops Intermediate 0 19.42 0.00
Bottoms Intermediate -0.06 16.30 0.83
Tops Short 0.12 20.54 0.84
Bottoms Short 0.12 20.25 0.92
alerts
Short Term Upward Sloping Trading Channel