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 27.48 0.25
Bottoms Long 0 25.84 0.39
Tops Intermediate 0 26.25 0.02
Bottoms Intermediate 0 25.97 0.35
Tops Short -0.12 23.33 0.89
Bottoms Short -0.12 22.81 0.88
alerts
Short Term Downward Sloping Trading Channel