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 -0.12 180.13 0.32
Bottoms Long 0 164.20 0.00
Tops Intermediate 0.78 202.57 0.93
Bottoms Intermediate 0.72 189.37 0.83
Tops Short 0.18 188.04 0.33
Bottoms Short 0.12 179.79 0.57
alerts
Intermediate Term Upward Sloping Trading Channel