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 23.22 0.30
Bottoms Long 0 21.50 0.01
Tops Intermediate -0.06 21.29 0.88
Bottoms Intermediate -0.06 20.55 0.95
Tops Short 0 21.29 0.51
Bottoms Short -0.06 20.76 0.59
alerts
Intermediate Term Downward Sloping Trading Channel