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 8.30 0.90
Bottoms Long 0.06 7.00 0.83
Tops Intermediate 0 7.23 0.00
Bottoms Intermediate 0 6.72 0.24
Tops Short 0.06 7.97 0.50
Bottoms Short 0 7.18 0.08
alerts
Long Term Upward Sloping Trading Channel