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 14.75 0.84
Bottoms Long 0 13.84 0.84
Tops Intermediate 0.06 14.98 0.87
Bottoms Intermediate 0.06 14.48 0.82
Tops Short 0.06 15.19 0.90
Bottoms Short 0 14.31 0.52
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel