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 3.31 0.80
Bottoms Long 0 2.66 0.82
Tops Intermediate 0 2.55 0.11
Bottoms Intermediate 0 2.65 0.76
Tops Short 0.06 2.93 0.88
Bottoms Short 0.06 2.87 0.84
alerts
Short Term Upward Sloping Trading Channel