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 10.94 0.42
Bottoms Long 0 11.65 0.56
Tops Intermediate 0 11.53 0.83
Bottoms Intermediate 0 11.46 0.94
Tops Short 0 11.50 0.89
Bottoms Short 0 11.44 0.74
alerts
Intermediate Term Upward Sloping Trading Channel