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 43.79 0.61
Bottoms Long -0.06 38.90 0.76
Tops Intermediate -0.06 42.45 0.47
Bottoms Intermediate 0 42.01 0.00
Tops Short 0.12 44.53 0.92
Bottoms Short 0.18 45.04 0.94
alerts
Short Term Upward Sloping Trading Channel