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 8.26 0.26
Bottoms Long 0 8.30 0.75
Tops Intermediate 0 9.32 0.93
Bottoms Intermediate 0 9.04 0.93
Tops Short 0.06 9.37 0.96
Bottoms Short 0.06 9.21 0.96
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel