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 18.17 0.70
Bottoms Long 0.12 13.82 0.60
Tops Intermediate 0 17.54 0.90
Bottoms Intermediate 0 17.34 0.87
Tops Short 0 17.42 0.65
Bottoms Short 0 17.31 0.74
alerts
Intermediate Term Upward Sloping Trading Channel