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 32.65 0.01
Bottoms Long 0 30.64 0.35
Tops Intermediate -0.06 30.66 0.62
Bottoms Intermediate 0 30.64 0.21
Tops Short 0 31.83 0.89
Bottoms Short 0.06 31.60 0.94
alerts
Short Term Upward Sloping Trading Channel