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 43.88 0.98
Bottoms Long 0 43.11 0.84
Tops Intermediate 0.06 43.93 0.92
Bottoms Intermediate 0 42.72 0.35
Tops Short 0 43.85 0.49
Bottoms Short 0 42.95 0.04
alerts
Long Term Upward Sloping Trading Channel