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 15.37 0.36
Bottoms Long 0 14.03 0.25
Tops Intermediate 0.06 15.74 0.76
Bottoms Intermediate 0 14.57 0.26
Tops Short 0.06 16.05 0.90
Bottoms Short 0.06 15.80 0.95
alerts
Short Term Upward Sloping Trading Channel