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 20.48 0.33
Bottoms Long 0 20.05 0.23
Tops Intermediate 0 20.71 0.56
Bottoms Intermediate 0 20.49 0.67
Tops Short 0 20.82 0.92
Bottoms Short 0 20.68 0.91
alerts
Short Term Upward Sloping Trading Channel