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 11.00 0.99
Bottoms Long 0 10.89 0.94
Tops Intermediate 0 10.98 0.98
Bottoms Intermediate 0 10.94 0.97
Tops Short 0 10.98 0.88
Bottoms Short 0 10.94 0.92
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel