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 3.04 0.17
Bottoms Long 0 2.63 0.07
Tops Intermediate 0.06 4.01 0.79
Bottoms Intermediate 0 3.24 0.82
Tops Short 0.06 4.46 0.94
Bottoms Short 0.06 3.96 0.91
alerts
Short Term Upward Sloping Trading Channel