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 15.99 0.79
Bottoms Long 0 15.00 0.86
Tops Intermediate 0.06 16.01 0.83
Bottoms Intermediate 0.06 15.45 0.92
Tops Short 0 15.91 0.35
Bottoms Short 0 15.23 0.09
alerts
Intermediate Term Upward Sloping Trading Channel