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 21.88 0.86
Bottoms Long 0 20.19 0.84
Tops Intermediate 0 20.74 0.00
Bottoms Intermediate 0 20.11 0.77
Tops Short 0 20.29 0.54
Bottoms Short 0 20.01 0.00
alerts
Long Term Upward Sloping Trading Channel