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 0.06 45.85 0.95
Bottoms Long 0.06 45.03 0.81
Tops Intermediate 0 45.79 0.84
Bottoms Intermediate 0 44.92 0.76
Tops Short 0 45.68 0.77
Bottoms Short 0.06 44.91 0.63
alerts
Long Term Upward Sloping Trading Channel