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 18.63 0.71
Bottoms Long 0 17.54 0.82
Tops Intermediate 0 18.66 0.35
Bottoms Intermediate 0 17.83 0.59
Tops Short -0.06 17.65 0.90
Bottoms Short -0.06 17.50 0.94
alerts
Short Term Downward Sloping Trading Channel