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 40.37 0.06
Bottoms Long 0 39.25 0.00
Tops Intermediate 0.06 41.82 0.95
Bottoms Intermediate 0.06 41.54 0.95
Tops Short 0 41.21 0.67
Bottoms Short 0.06 41.18 0.80
alerts
Intermediate Term Upward Sloping Trading Channel