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 0.06 15.51 0.90
Bottoms Long 0.06 13.63 0.85
Tops Intermediate 0 14.85 0.28
Bottoms Intermediate 0 13.09 0.02
Tops Short 0 14.47 0.51
Bottoms Short 0.06 13.74 0.11
alerts
Long Term Upward Sloping Trading Channel