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 25.87 0.65
Bottoms Long 0 24.09 0.57
Tops Intermediate 0 26.35 0.00
Bottoms Intermediate 0 25.40 0.15
Tops Short -0.12 24.21 0.92
Bottoms Short -0.12 22.84 0.89
alerts
Short Term Downward Sloping Trading Channel