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 11.73 0.99
Bottoms Long 0 11.60 0.94
Tops Intermediate 0 11.73 0.95
Bottoms Intermediate 0 11.62 0.63
Tops Short 0 11.69 0.50
Bottoms Short 0 11.70 0.74
alerts
Long Term Upward Sloping Trading Channel