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 27.54 0.93
Bottoms Long 0 26.42 0.44
Tops Intermediate 0 27.42 0.73
Bottoms Intermediate 0 26.96 0.27
Tops Short -0.06 27.08 0.84
Bottoms Short -0.06 26.38 0.84
alerts
Short Term Downward Sloping Trading Channel