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 19.18 0.87
Bottoms Long 0.06 16.81 0.94
Tops Intermediate 0 16.62 0.71
Bottoms Intermediate 0 16.19 0.13
Tops Short -0.06 16.07 0.88
Bottoms Short -0.06 15.70 0.96
alerts
Long Term Upward Sloping Trading Channel
Short Term Downward Sloping Trading Channel