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 36.70 0.11
Bottoms Long 0 35.66 0.01
Tops Intermediate 0.06 37.70 0.91
Bottoms Intermediate 0.06 37.40 0.92
Tops Short 0 37.33 0.87
Bottoms Short 0 37.20 0.71
alerts
Intermediate Term Upward Sloping Trading Channel