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 29.06 0.12
Bottoms Long 0 27.76 0.25
Tops Intermediate 0 28.76 0.06
Bottoms Intermediate 0 27.69 0.10
Tops Short -0.18 26.17 0.97
Bottoms Short -0.12 25.83 0.87
alerts
Short Term Downward Sloping Trading Channel