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 68.32 0.45
Bottoms Long 0 66.06 0.48
Tops Intermediate 0 68.81 0.00
Bottoms Intermediate 0 67.33 0.06
Tops Short 0.06 69.73 0.91
Bottoms Short 0.12 69.14 0.95
alerts
Short Term Upward Sloping Trading Channel