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 10.45 0.66
Bottoms Long 0 10.37 0.80
Tops Intermediate 0 10.66 0.93
Bottoms Intermediate 0.06 10.67 0.94
Tops Short 0 10.63 0.75
Bottoms Short 0 10.65 0.83
alerts
Intermediate Term Upward Sloping Trading Channel