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 5.97 0.48
Bottoms Long 0 0.55 0.08
Tops Intermediate 0.12 11.46 0.97
Bottoms Intermediate 0.18 10.33 0.95
Tops Short 0.12 11.26 0.83
Bottoms Short 0.12 10.31 0.70
alerts
Intermediate Term Upward Sloping Trading Channel