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 13.77 0.78
Bottoms Long 0 12.24 0.30
Tops Intermediate 0.06 15.36 0.93
Bottoms Intermediate 0.06 14.90 0.91
Tops Short 0 14.81 0.41
Bottoms Short 0 14.51 0.71
alerts
Intermediate Term Upward Sloping Trading Channel