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 0.12 13.78 0.68
Bottoms Long 0.12 13.69 0.73
Tops Intermediate 0 11.27 0.81
Bottoms Intermediate 0 11.01 0.92
Tops Short 0 11.23 0.46
Bottoms Short 0 11.17 0.68
alerts
Intermediate Term Upward Sloping Trading Channel