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 31.48 0.67
Bottoms Long 0 29.86 0.18
Tops Intermediate 0.06 32.25 0.93
Bottoms Intermediate 0.06 31.21 0.94
Tops Short 0.06 32.08 0.75
Bottoms Short 0.06 31.64 0.58
alerts
Intermediate Term Upward Sloping Trading Channel