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 9.74 0.14
Bottoms Long 0 9.17 0.38
Tops Intermediate 0.12 12.47 0.95
Bottoms Intermediate 0.12 10.96 0.94
Tops Short 0.12 12.02 0.74
Bottoms Short 0.06 10.98 0.81
alerts
Intermediate Term Upward Sloping Trading Channel