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 32.71 0.00
Bottoms Long 0 31.56 0.16
Tops Intermediate 0 32.09 0.10
Bottoms Intermediate 0 31.81 0.53
Tops Short -0.12 28.98 0.91
Bottoms Short -0.12 28.81 0.87
alerts
Short Term Downward Sloping Trading Channel