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 24.99 0.90
Bottoms Long 0.06 23.41 0.83
Tops Intermediate 0 24.22 0.34
Bottoms Intermediate 0 22.59 0.24
Tops Short 0 23.20 0.03
Bottoms Short 0 22.84 0.09
alerts
Long Term Upward Sloping Trading Channel