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 80.07 0.05
Bottoms Long 0 76.08 0.00
Tops Intermediate 0 79.48 0.02
Bottoms Intermediate 0.06 77.37 0.30
Tops Short 0.18 82.49 0.97
Bottoms Short 0.18 80.74 0.84
alerts
Short Term Upward Sloping Trading Channel