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 85.23 0.36
Bottoms Long -0.18 71.48 0.59
Tops Intermediate -0.12 79.41 0.38
Bottoms Intermediate 0 75.66 0.00
Tops Short 0.42 89.40 0.82
Bottoms Short 0.6 88.60 0.93
alerts
Short Term Upward Sloping Trading Channel