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 35.93 0.98
Bottoms Long 0 35.65 0.86
Tops Intermediate 0 35.97 0.92
Bottoms Intermediate 0 35.45 0.64
Tops Short 0 36.03 0.82
Bottoms Short 0.06 36.00 0.80
alerts
Long Term Upward Sloping Trading Channel