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 19.66 0.93
Bottoms Long 0 19.23 0.85
Tops Intermediate 0 19.69 0.71
Bottoms Intermediate 0 19.34 0.81
Tops Short 0 19.54 0.02
Bottoms Short 0 19.31 0.12
alerts
Long Term Upward Sloping Trading Channel