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 15.45 0.93
Bottoms Long 0 15.17 0.93
Tops Intermediate 0 15.43 0.92
Bottoms Intermediate 0 15.19 0.99
Tops Short 0 15.43 0.49
Bottoms Short 0 15.34 0.70
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel