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 22.44 0.82
Bottoms Long 0 21.82 0.86
Tops Intermediate 0 22.53 0.71
Bottoms Intermediate 0 21.84 0.71
Tops Short 0 22.06 0.37
Bottoms Short 0 21.81 0.00
alerts
Long Term Upward Sloping Trading Channel