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 -0.12 116.35 0.05
Bottoms Long 0.12 106.10 0.05
Tops Intermediate 0.78 136.61 0.97
Bottoms Intermediate 0.84 128.01 0.87
Tops Short 0.18 121.70 0.31
Bottoms Short 0 115.41 0.00
alerts
Intermediate Term Upward Sloping Trading Channel