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 36.12 0.92
Bottoms Long 0.06 35.53 0.90
Tops Intermediate 0 35.47 0.33
Bottoms Intermediate 0 34.66 0.32
Tops Short 0 35.43 0.31
Bottoms Short -0.06 33.50 0.27
alerts
Long Term Upward Sloping Trading Channel