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 37.61 0.86
Bottoms Long 0.06 34.92 0.86
Tops Intermediate 0 35.84 0.20
Bottoms Intermediate 0 34.08 0.00
Tops Short 0 34.77 0.47
Bottoms Short -0.06 34.23 0.34
alerts
Long Term Upward Sloping Trading Channel