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 17.85 0.46
Bottoms Long 0 18.98 0.77
Tops Intermediate 0.06 19.62 0.77
Bottoms Intermediate 0.06 19.39 0.90
Tops Short 0.06 20.11 0.99
Bottoms Short 0.06 19.77 0.89
alerts
Short Term Upward Sloping Trading Channel