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 36.51 0.85
Bottoms Long 0 35.99 0.91
Tops Intermediate 0 36.55 0.40
Bottoms Intermediate 0 36.36 0.12
Tops Short 0 36.58 0.25
Bottoms Short 0 36.37 0.18
alerts
Long Term Downward Sloping Trading Channel