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 29.55 0.10
Bottoms Long 0 28.70 0.01
Tops Intermediate 0.06 30.46 0.82
Bottoms Intermediate 0.06 30.25 0.96
Tops Short 0.06 30.39 0.78
Bottoms Short 0.06 30.20 0.89
alerts
Intermediate Term Upward Sloping Trading Channel