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 19.36 0.45
Bottoms Long 0 18.56 0.06
Tops Intermediate 0 20.01 0.88
Bottoms Intermediate 0 19.33 0.85
Tops Short 0 19.97 0.72
Bottoms Short 0.06 19.83 0.72
alerts
Intermediate Term Upward Sloping Trading Channel