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 0.06 18.57 0.83
Bottoms Long 0.06 16.71 0.81
Tops Intermediate 0 17.15 0.09
Bottoms Intermediate 0 16.59 0.05
Tops Short -0.06 16.40 0.85
Bottoms Short -0.06 16.17 0.89
alerts
Long Term Upward Sloping Trading Channel
Short Term Downward Sloping Trading Channel