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 17.21 0.25
Bottoms Long 0 16.33 0.09
Tops Intermediate 0 17.12 0.03
Bottoms Intermediate 0 16.60 0.16
Tops Short 0.06 17.81 0.81
Bottoms Short 0.06 17.68 0.92
alerts
Short Term Upward Sloping Trading Channel