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 26.64 0.02
Bottoms Long 0 23.62 0.22
Tops Intermediate 0.06 27.10 0.20
Bottoms Intermediate -0.06 23.48 0.08
Tops Short 0.18 28.47 0.85
Bottoms Short 0.18 27.98 0.86
alerts
Short Term Upward Sloping Trading Channel