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 23.91 0.91
Bottoms Long 0 23.10 0.98
Tops Intermediate 0 23.15 0.01
Bottoms Intermediate 0 22.97 0.17
Tops Short 0 23.57 0.95
Bottoms Short 0 23.35 0.84
alerts
Long Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel