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 35.64 0.56
Bottoms Long -0.06 33.42 0.26
Tops Intermediate 0.12 40.39 0.88
Bottoms Intermediate 0.12 37.90 0.99
Tops Short 0.12 39.01 0.65
Bottoms Short 0.12 38.25 0.80
alerts
Intermediate Term Upward Sloping Trading Channel