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 18.52 0.78
Bottoms Long 0 17.71 0.66
Tops Intermediate -0.06 17.87 0.99
Bottoms Intermediate -0.06 17.18 0.90
Tops Short 0 18.06 0.62
Bottoms Short 0 17.72 0.33
alerts
Intermediate Term Downward Sloping Trading Channel