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 11.80 0.93
Bottoms Long 0 11.22 0.91
Tops Intermediate 0 11.81 0.72
Bottoms Intermediate 0 11.39 0.67
Tops Short 0 11.51 0.49
Bottoms Short 0 11.22 0.39
alerts
Long Term Upward Sloping Trading Channel