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 16.08 0.01
Bottoms Long 0 14.07 0.00
Tops Intermediate 0.12 19.07 0.93
Bottoms Intermediate 0.12 18.27 0.94
Tops Short 0.06 17.83 0.80
Bottoms Short 0.06 17.46 0.83
alerts
Intermediate Term Upward Sloping Trading Channel