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 41.20 0.22
Bottoms Long 0 35.98 0.03
Tops Intermediate 0.18 43.91 0.97
Bottoms Intermediate 0.12 39.82 0.92
Tops Short 0.12 43.01 0.46
Bottoms Short 0.06 40.08 0.04
alerts
Intermediate Term Upward Sloping Trading Channel