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 30.67 0.95
Bottoms Long 0 29.98 0.84
Tops Intermediate 0 30.35 0.91
Bottoms Intermediate 0.06 30.73 0.82
Tops Short 0.06 30.67 0.80
Bottoms Short 0.06 30.44 0.83
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel