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 51.80 0.00
Bottoms Long -0.06 35.48 0.05
Tops Intermediate -0.3 43.48 0.60
Bottoms Intermediate 0.06 42.68 0.05
Tops Short 0.48 54.85 0.93
Bottoms Short 0.78 51.90 0.92
alerts
Short Term Upward Sloping Trading Channel