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 18.69 0.71
Bottoms Long 0 17.65 0.62
Tops Intermediate 0 18.71 0.35
Bottoms Intermediate 0 17.89 0.59
Tops Short -0.06 17.66 0.95
Bottoms Short -0.06 17.53 0.99
alerts
Short Term Downward Sloping Trading Channel