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 20.14 0.27
Bottoms Long 0 19.72 0.11
Tops Intermediate 0 19.95 0.00
Bottoms Intermediate 0 19.92 0.65
Tops Short 0 20.17 0.88
Bottoms Short 0 20.07 0.96
alerts
Short Term Upward Sloping Trading Channel