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 37.89 0.35
Bottoms Long 0 37.12 0.23
Tops Intermediate 0.06 38.49 0.93
Bottoms Intermediate 0.06 37.96 0.95
Tops Short 0.06 38.81 0.92
Bottoms Short 0.06 38.31 0.65
alerts
Intermediate Term Upward Sloping Trading Channel