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 21.85 0.99
Bottoms Long 0 21.82 1.00
Tops Intermediate 0 21.84 0.97
Bottoms Intermediate 0 21.81 0.97
Tops Short 0 21.82 0.75
Bottoms Short 0 21.80 0.81
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel