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 8.36 0.00
Bottoms Long 0 7.34 0.01
Tops Intermediate 0 9.02 0.68
Bottoms Intermediate 0.06 8.36 0.51
Tops Short 0.06 9.44 0.82
Bottoms Short 0.06 9.09 0.83
alerts
Short Term Upward Sloping Trading Channel