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 0.88
Bottoms Long 0 17.73 0.90
Tops Intermediate 0.06 19.48 0.98
Bottoms Intermediate 0 18.08 0.80
Tops Short 0 18.58 0.11
Bottoms Short 0 17.84 0.06
alerts
Long Term Upward Sloping Trading Channel