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 13.82 0.92
Bottoms Long 0 12.03 0.94
Tops Intermediate 0.06 13.70 0.87
Bottoms Intermediate 0.06 12.37 0.77
Tops Short 0.06 13.63 0.44
Bottoms Short 0 12.50 0.27
alerts
Long Term Upward Sloping Trading Channel