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 11.84 0.97
Bottoms Long 0 11.64 0.93
Tops Intermediate 0 11.82 0.87
Bottoms Intermediate 0 11.67 0.71
Tops Short 0 11.87 0.90
Bottoms Short 0 11.74 0.53
alerts
Long Term Upward Sloping Trading Channel