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 29.45 0.11
Bottoms Long 0 27.38 0.17
Tops Intermediate 0 29.88 0.47
Bottoms Intermediate 0.06 30.71 0.97
Tops Short 0.06 30.03 0.87
Bottoms Short 0.06 29.89 0.88
alerts
Short Term Upward Sloping Trading Channel