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 -0.06 19.66 0.84
Bottoms Long -0.06 17.74 0.16
Tops Intermediate 0.12 23.05 0.94
Bottoms Intermediate 0.06 20.75 0.98
Tops Short 0.06 22.14 0.72
Bottoms Short 0.12 21.47 0.67
alerts
Intermediate Term Upward Sloping Trading Channel