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 43.25 0.09
Bottoms Long 0 42.01 0.03
Tops Intermediate 0.06 45.42 0.93
Bottoms Intermediate 0.12 45.05 0.90
Tops Short 0.06 44.93 0.86
Bottoms Short 0.06 44.47 0.72
alerts
Intermediate Term Upward Sloping Trading Channel