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 18.72 0.81
Bottoms Long 0 17.75 0.79
Tops Intermediate 0.06 19.16 0.96
Bottoms Intermediate 0.06 18.29 0.91
Tops Short 0.06 19.19 0.93
Bottoms Short 0 17.98 0.00
alerts
Intermediate Term Upward Sloping Trading Channel