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 19.65 0.11
Bottoms Long 0 16.69 0.08
Tops Intermediate 0 18.16 0.00
Bottoms Intermediate 0 17.01 0.22
Tops Short 0.12 19.46 0.81
Bottoms Short 0.12 18.67 0.95
alerts
Short Term Upward Sloping Trading Channel