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 35.85 0.93
Bottoms Long 0 34.49 0.88
Tops Intermediate 0.06 35.81 0.68
Bottoms Intermediate 0 34.27 0.63
Tops Short -0.06 33.98 0.72
Bottoms Short 0 33.88 0.30
alerts
Long Term Upward Sloping Trading Channel