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 24.57 0.86
Bottoms Long 0 24.26 1.00
Tops Intermediate 0 24.49 0.77
Bottoms Intermediate 0 24.36 0.64
Tops Short 0 24.52 0.82
Bottoms Short 0 24.45 0.05
alerts
Long Term Downward Sloping Trading Channel