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 28.04 0.92
Bottoms Long 0.06 27.22 0.81
Tops Intermediate 0 27.67 0.77
Bottoms Intermediate 0 26.84 0.38
Tops Short 0 26.74 0.37
Bottoms Short 0 26.53 0.34
alerts
Long Term Upward Sloping Trading Channel