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 16.17 0.37
Bottoms Long 0 14.98 0.41
Tops Intermediate 0 15.43 0.66
Bottoms Intermediate 0 15.44 0.71
Tops Short 0 15.50 0.90
Bottoms Short 0 15.42 0.81
alerts
Short Term Upward Sloping Trading Channel