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 16.37 0.92
Bottoms Long 0.06 14.68 0.92
Tops Intermediate 0 15.80 0.51
Bottoms Intermediate 0.06 15.03 0.43
Tops Short 0 15.45 0.02
Bottoms Short 0.06 15.41 0.24
alerts
Long Term Upward Sloping Trading Channel