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 0.12 16.61 0.90
Bottoms Long 0 8.41 0.61
Tops Intermediate 0.18 18.18 0.96
Bottoms Intermediate 0.18 16.17 0.95
Tops Short 0.18 18.48 0.91
Bottoms Short 0.12 15.77 0.50
alerts
Intermediate Term Upward Sloping Trading Channel