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 29.36 0.04
Bottoms Long -0.06 20.21 0.13
Tops Intermediate 0.24 35.64 0.88
Bottoms Intermediate 0.24 31.42 0.84
Tops Short 0 30.72 0.04
Bottoms Short 0 29.74 0.00
alerts
Intermediate Term Upward Sloping Trading Channel