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 46.85 0.07
Bottoms Long 0 44.51 0.00
Tops Intermediate 0.18 51.36 0.93
Bottoms Intermediate 0.24 50.73 0.95
Tops Short 0.12 51.05 0.79
Bottoms Short 0.06 49.45 0.66
alerts
Intermediate Term Upward Sloping Trading Channel