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 22.53 0.81
Bottoms Long 0 22.39 0.82
Tops Intermediate 0 22.61 0.70
Bottoms Intermediate 0 22.49 0.80
Tops Short 0 22.61 0.71
Bottoms Short 0 22.54 0.86
alerts
Long Term Upward Sloping Trading Channel