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 12.75 0.82
Bottoms Long 0 11.43 0.88
Tops Intermediate 0 13.00 0.21
Bottoms Intermediate 0 11.78 0.35
Tops Short 0 12.44 0.28
Bottoms Short 0 12.09 0.00
alerts
Long Term Downward Sloping Trading Channel