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 -0.06 35.82 0.59
Bottoms Long 0 35.43 0.50
Tops Intermediate 0 37.63 0.33
Bottoms Intermediate 0 37.26 0.68
Tops Short 0.06 37.93 0.83
Bottoms Short 0.06 37.73 0.81
alerts
Short Term Upward Sloping Trading Channel