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 21.21 0.94
Bottoms Long -0.06 20.55 0.95
Tops Intermediate -0.06 20.78 0.84
Bottoms Intermediate 0 20.81 0.40
Tops Short 0 21.49 0.12
Bottoms Short 0 21.36 0.00
alerts
Long Term Downward Sloping Trading Channel