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 13.39 0.83
Bottoms Long 0.12 12.87 0.76
Tops Intermediate 0 10.16 0.98
Bottoms Intermediate 0 10.14 0.97
Tops Short 0 10.15 0.84
Bottoms Short 0 10.14 0.85
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel