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 10.29 0.81
Bottoms Long 0 10.18 0.94
Tops Intermediate 0 10.28 0.35
Bottoms Intermediate 0 10.25 0.84
Tops Short 0 10.35 0.80
Bottoms Short 0 10.33 0.87
alerts
Long Term Upward Sloping Trading Channel