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 53.96 0.54
Bottoms Long 0 52.53 0.26
Tops Intermediate 0.06 55.84 0.97
Bottoms Intermediate 0.06 55.29 0.94
Tops Short 0.06 55.42 0.41
Bottoms Short 0.06 55.01 0.36
alerts
Intermediate Term Upward Sloping Trading Channel