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 20.38 0.92
Bottoms Long 0 20.32 0.86
Tops Intermediate 0 20.42 0.88
Bottoms Intermediate 0 20.39 0.90
Tops Short 0 20.45 0.90
Bottoms Short 0 20.43 0.96
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel