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 23.93 0.63
Bottoms Long -0.06 25.37 0.19
Tops Intermediate -0.06 27.73 0.22
Bottoms Intermediate 0.12 29.01 0.86
Tops Short 0.24 31.90 0.94
Bottoms Short 0.24 31.19 0.92
alerts
Short Term Upward Sloping Trading Channel