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 23.09 0.89
Bottoms Long 0 21.50 0.86
Tops Intermediate 0 23.51 0.95
Bottoms Intermediate -0.06 21.41 0.85
Tops Short 0 22.78 0.00
Bottoms Short -0.06 21.83 0.35
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel