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 22.95 0.50
Bottoms Long 0 22.21 0.04
Tops Intermediate 0 22.78 0.00
Bottoms Intermediate 0 22.53 0.01
Tops Short 0 23.28 0.92
Bottoms Short 0.06 23.28 0.96
alerts
Short Term Upward Sloping Trading Channel