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 5.71 0.60
Bottoms Long 0 3.80 0.03
Tops Intermediate 0.06 7.83 0.96
Bottoms Intermediate 0 3.91 0.97
Tops Short -0.06 3.71 0.79
Bottoms Short -0.06 3.20 0.92
alerts
Intermediate Term Upward Sloping Trading Channel