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 17.08 0.95
Bottoms Long 0 16.54 0.83
Tops Intermediate 0 17.34 0.63
Bottoms Intermediate 0 17.10 0.01
Tops Short 0 17.47 0.34
Bottoms Short 0 17.21 0.08
alerts
Long Term Downward Sloping Trading Channel