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 25.28 0.02
Bottoms Long 0 23.41 0.00
Tops Intermediate 0.06 26.06 0.84
Bottoms Intermediate 0.06 24.98 0.88
Tops Short 0 25.62 0.33
Bottoms Short 0.06 25.43 0.54
alerts
Intermediate Term Upward Sloping Trading Channel