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 20.48 0.87
Bottoms Long 0 19.28 0.84
Tops Intermediate 0 20.85 0.08
Bottoms Intermediate 0 20.23 0.30
Tops Short 0 20.36 0.66
Bottoms Short 0 20.08 0.80
alerts
Long Term Downward Sloping Trading Channel