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 8.12 0.74
Bottoms Long 0 7.28 0.77
Tops Intermediate 0.06 8.77 0.82
Bottoms Intermediate 0.06 7.87 0.86
Tops Short 0.06 8.93 0.88
Bottoms Short 0.06 8.56 0.62
alerts
Intermediate Term Upward Sloping Trading Channel