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 0.36 37.64 0.87
Bottoms Long 0.36 35.49 0.82
Tops Intermediate 0 32.41 0.01
Bottoms Intermediate 0 31.94 0.01
Tops Short 0 31.92 0.84
Bottoms Short 0 31.73 0.00
alerts
Long Term Upward Sloping Trading Channel