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 30.61 0.83
Bottoms Long 0.06 30.02 0.84
Tops Intermediate 0 30.75 0.89
Bottoms Intermediate 0 29.78 0.33
Tops Short 0.06 30.59 0.48
Bottoms Short 0 29.92 0.19
alerts
Long Term Upward Sloping Trading Channel