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 22.31 0.24
Bottoms Long 0 22.02 0.38
Tops Intermediate 0 21.92 0.97
Bottoms Intermediate 0 21.67 0.83
Tops Short 0 21.96 0.37
Bottoms Short 0 21.77 0.49
alerts
Intermediate Term Downward Sloping Trading Channel