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 42.52 0.01
Bottoms Long 0 41.30 0.00
Tops Intermediate 0.06 44.24 0.93
Bottoms Intermediate 0.06 43.82 0.89
Tops Short 0 43.48 0.66
Bottoms Short 0.06 43.37 0.61
alerts
Intermediate Term Upward Sloping Trading Channel