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 11.57 0.17
Bottoms Long 0 10.97 0.28
Tops Intermediate 0 11.62 0.02
Bottoms Intermediate 0 11.59 0.97
Tops Short 0 11.05 0.92
Bottoms Short 0 10.93 0.93
alerts
Short Term Downward Sloping Trading Channel