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 34.22 0.02
Bottoms Long -0.06 30.52 0.59
Tops Intermediate 0 35.03 0.13
Bottoms Intermediate 0.12 35.21 0.64
Tops Short 0.12 37.26 0.83
Bottoms Short 0.24 36.95 0.98
alerts
Short Term Upward Sloping Trading Channel