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 45.95 0.83
Bottoms Long 0.12 42.56 0.96
Tops Intermediate -0.06 40.50 0.84
Bottoms Intermediate 0 40.45 0.57
Tops Short 0 41.51 0.16
Bottoms Short 0 41.12 0.16
alerts
Long Term Upward Sloping Trading Channel