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 39.25 0.92
Bottoms Long 0.06 37.54 0.98
Tops Intermediate 0 38.17 0.45
Bottoms Intermediate 0 36.87 0.13
Tops Short 0 37.22 0.29
Bottoms Short 0 36.79 0.05
alerts
Long Term Upward Sloping Trading Channel