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 17.14 0.85
Bottoms Long 0 16.85 0.85
Tops Intermediate 0 16.92 0.04
Bottoms Intermediate 0 16.65 0.22
Tops Short 0 16.81 0.04
Bottoms Short 0 16.72 0.12
alerts
Long Term Upward Sloping Trading Channel