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 -0.18 15.15 0.80
Bottoms Long -0.12 14.34 0.56
Tops Intermediate -0.06 19.10 0.35
Bottoms Intermediate 0.12 18.18 0.28
Tops Short 0.12 21.46 0.87
Bottoms Short 0.42 21.89 1.00
alerts
Short Term Upward Sloping Trading Channel