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 11.97 0.22
Bottoms Long 0 11.78 0.00
Tops Intermediate 0 11.98 0.00
Bottoms Intermediate 0 11.97 0.15
Tops Short 0 12.41 0.83
Bottoms Short 0.06 12.37 0.90
alerts
Short Term Upward Sloping Trading Channel