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 4.06 0.48
Bottoms Long 0 2.77 0.71
Tops Intermediate 0.06 5.07 0.79
Bottoms Intermediate 0.06 4.24 0.83
Tops Short 0.12 5.39 0.91
Bottoms Short 0.06 4.76 0.97
alerts
Short Term Upward Sloping Trading Channel