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 35.16 0.07
Bottoms Long 0 34.13 0.03
Tops Intermediate 0 35.60 0.85
Bottoms Intermediate 0.06 35.16 0.94
Tops Short 0 35.37 0.84
Bottoms Short 0 35.10 0.85
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel