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 31.04 0.18
Bottoms Long 0 28.86 0.17
Tops Intermediate 0.12 33.53 0.88
Bottoms Intermediate 0.12 32.41 0.91
Tops Short 0.12 32.77 0.72
Bottoms Short 0.12 31.97 0.79
alerts
Intermediate Term Upward Sloping Trading Channel