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 23.84 0.72
Bottoms Long 0 23.63 0.67
Tops Intermediate 0 23.97 0.89
Bottoms Intermediate 0 23.84 0.82
Tops Short 0 24.12 0.95
Bottoms Short 0 24.04 0.92
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel