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 26.62 0.07
Bottoms Long 0 26.39 0.05
Tops Intermediate 0 27.20 0.95
Bottoms Intermediate 0 27.26 0.92
Tops Short 0 27.09 0.99
Bottoms Short 0 27.04 0.95
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel