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 0.45 0.07
Bottoms Long 0 0.45 0.14
Tops Intermediate 0 0.47 0.97
Bottoms Intermediate 0 0.47 1.00
Tops Short 0 0.48 0.92
Bottoms Short 0 0.48 0.97
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel