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 49.11 0.00
Bottoms Long 0 43.70 0.01
Tops Intermediate 0.18 53.45 0.96
Bottoms Intermediate 0.18 49.48 0.99
Tops Short 0.18 52.56 0.84
Bottoms Short 0.18 51.21 0.65
alerts
Intermediate Term Upward Sloping Trading Channel