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 17.20 0.90
Bottoms Long 0 16.78 0.92
Tops Intermediate 0 16.79 0.02
Bottoms Intermediate 0 16.48 0.09
Tops Short 0 16.57 0.18
Bottoms Short 0 16.37 0.11
alerts
Long Term Upward Sloping Trading Channel