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 6.55 0.57
Bottoms Long -0.06 4.35 0.62
Tops Intermediate 0.06 8.65 0.93
Bottoms Intermediate 0.06 7.34 0.97
Tops Short 0.06 8.64 0.61
Bottoms Short 0.06 7.81 0.55
alerts
Intermediate Term Upward Sloping Trading Channel