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 19.55 0.51
Bottoms Long 0 21.15 0.19
Tops Intermediate 0 21.52 0.15
Bottoms Intermediate 0 21.79 0.58
Tops Short 0.06 22.77 0.99
Bottoms Short 0.06 22.60 0.99
alerts
Short Term Upward Sloping Trading Channel