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 17.81 0.62
Bottoms Long 0 17.65 0.93
Tops Intermediate 0 18.22 0.98
Bottoms Intermediate 0 17.83 0.99
Tops Short 0 18.15 0.77
Bottoms Short 0 18.03 0.79
alerts
Intermediate Term Upward Sloping Trading Channel