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 22.78 0.84
Bottoms Long 0 21.80 0.11
Tops Intermediate 0.06 24.49 0.97
Bottoms Intermediate 0.12 25.00 0.84
Tops Short 0.06 24.53 0.98
Bottoms Short 0.06 24.24 0.77
alerts
Intermediate Term Upward Sloping Trading Channel