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 17.35 0.44
Bottoms Long 0 17.54 0.01
Tops Intermediate 0 19.58 0.84
Bottoms Intermediate 0 18.10 0.88
Tops Short 0.06 19.72 0.81
Bottoms Short 0 18.46 0.30
alerts
Intermediate Term Upward Sloping Trading Channel