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 18.02 0.54
Bottoms Long 0 17.87 0.90
Tops Intermediate 0 18.10 0.66
Bottoms Intermediate 0 18.04 0.65
Tops Short 0 18.27 0.95
Bottoms Short 0 18.25 0.95
alerts
Short Term Upward Sloping Trading Channel