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 6.45 0.53
Bottoms Long 0.06 5.17 0.51
Tops Intermediate 0 7.76 0.87
Bottoms Intermediate 0.06 7.16 0.94
Tops Short 0 7.36 0.25
Bottoms Short 0 7.27 0.42
alerts
Intermediate Term Upward Sloping Trading Channel