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 47.66 0.95
Bottoms Long 0.06 46.33 0.88
Tops Intermediate 0 46.79 0.78
Bottoms Intermediate 0 45.05 0.03
Tops Short 0.06 47.46 0.68
Bottoms Short 0.06 46.00 0.16
alerts
Long Term Upward Sloping Trading Channel