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 23.71 0.03
Bottoms Long 0 21.18 0.01
Tops Intermediate 0.06 26.40 0.90
Bottoms Intermediate 0.12 25.12 0.55
Tops Short 0.24 28.67 0.84
Bottoms Short 0.24 27.35 0.91
alerts
Short Term Upward Sloping Trading Channel