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 30.17 0.85
Bottoms Long 0 28.34 0.76
Tops Intermediate 0.06 30.95 0.93
Bottoms Intermediate 0.06 29.09 0.81
Tops Short 0.06 30.28 0.50
Bottoms Short 0.06 29.46 0.33
alerts
Intermediate Term Upward Sloping Trading Channel