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 36.84 0.99
Bottoms Long 0 36.41 0.95
Tops Intermediate 0 36.61 0.85
Bottoms Intermediate 0 35.90 0.23
Tops Short -0.06 35.64 0.41
Bottoms Short -0.06 35.21 0.53
alerts
Long Term Upward Sloping Trading Channel