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 11.40 0.97
Bottoms Long 0 11.26 0.96
Tops Intermediate 0 11.43 0.77
Bottoms Intermediate 0 11.36 0.96
Tops Short 0 11.48 0.91
Bottoms Short 0 11.40 0.94
alerts
Long Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel