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 37.69 0.02
Bottoms Long 0 35.22 0.23
Tops Intermediate 0 38.42 0.14
Bottoms Intermediate 0.06 37.48 0.48
Tops Short -0.12 35.56 0.91
Bottoms Short -0.12 34.85 0.90
alerts
Short Term Downward Sloping Trading Channel