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 24.42 0.93
Bottoms Long 0.06 22.28 0.99
Tops Intermediate 0 23.56 0.28
Bottoms Intermediate 0.06 22.67 0.46
Tops Short 0 22.52 0.29
Bottoms Short -0.06 21.44 0.72
alerts
Long Term Upward Sloping Trading Channel