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 37.73 0.50
Bottoms Long 0 35.51 0.31
Tops Intermediate 0.12 39.15 0.96
Bottoms Intermediate 0.12 38.02 0.93
Tops Short 0.12 39.68 0.94
Bottoms Short 0.12 38.75 0.80
alerts
Intermediate Term Upward Sloping Trading Channel