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 39.06 0.92
Bottoms Long 0.06 37.94 0.88
Tops Intermediate 0 37.86 0.07
Bottoms Intermediate 0.06 39.23 0.88
Tops Short 0 37.37 0.33
Bottoms Short 0 37.02 0.57
alerts
Long Term Upward Sloping Trading Channel