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 5.50 0.12
Bottoms Long 0.06 5.88 0.61
Tops Intermediate 0.12 9.07 0.94
Bottoms Intermediate 0.06 6.65 0.90
Tops Short 0 7.12 0.02
Bottoms Short 0 6.01 0.23
alerts
Intermediate Term Upward Sloping Trading Channel