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 17.18 0.51
Bottoms Long 0 17.14 0.72
Tops Intermediate 0 17.39 0.86
Bottoms Intermediate 0 17.27 0.81
Tops Short 0 17.54 0.93
Bottoms Short 0 17.46 0.88
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel