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 0.12 43.34 0.86
Bottoms Long 0.12 39.14 0.80
Tops Intermediate 0 38.75 0.00
Bottoms Intermediate 0 36.49 0.01
Tops Short 0.3 44.73 0.92
Bottoms Short 0.36 43.05 0.94
alerts
Short Term Upward Sloping Trading Channel