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 36.52 0.90
Bottoms Long 0.06 34.34 0.91
Tops Intermediate 0 34.97 0.51
Bottoms Intermediate 0.06 34.54 0.80
Tops Short 0 34.47 0.01
Bottoms Short 0 33.24 0.10
alerts
Long Term Upward Sloping Trading Channel