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 43.17 0.93
Bottoms Long 0.06 43.60 0.64
Tops Intermediate 0 42.87 0.84
Bottoms Intermediate 0 42.80 0.95
Tops Short 0 42.87 0.66
Bottoms Short 0 42.85 0.82
alerts
Intermediate Term Upward Sloping Trading Channel