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 17.40 0.83
Bottoms Long 0 15.95 0.49
Tops Intermediate 0.06 17.72 0.93
Bottoms Intermediate 0.06 17.05 0.90
Tops Short 0 16.97 0.24
Bottoms Short 0.06 16.73 0.64
alerts
Intermediate Term Upward Sloping Trading Channel