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 3.72 0.91
Bottoms Long 0 3.27 0.84
Tops Intermediate 0 3.02 0.82
Bottoms Intermediate 0 2.53 0.88
Tops Short 0 3.11 0.93
Bottoms Short 0.06 3.04 0.91
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel