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 36.16 0.99
Bottoms Long 0.06 35.98 0.93
Tops Intermediate 0 36.18 0.97
Bottoms Intermediate 0 35.48 0.61
Tops Short 0.06 36.24 0.68
Bottoms Short 0.06 35.84 0.53
alerts
Long Term Upward Sloping Trading Channel