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 18.53 0.37
Bottoms Long 0 16.11 0.04
Tops Intermediate 0.06 20.04 0.90
Bottoms Intermediate 0.06 18.77 0.97
Tops Short 0.06 19.69 0.91
Bottoms Short 0.06 19.31 0.58
alerts
Intermediate Term Upward Sloping Trading Channel