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 -0.36 8.38 0.76
Bottoms Long -0.42 -5.99 0.80
Tops Intermediate 0 13.55 0.00
Bottoms Intermediate 0.06 13.19 0.16
Tops Short 0.18 16.90 0.88
Bottoms Short 0.18 16.30 0.83
alerts
Short Term Upward Sloping Trading Channel