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 6.44 0.23
Bottoms Long 0 5.88 0.62
Tops Intermediate 0.18 13.43 0.88
Bottoms Intermediate 0.12 10.81 0.74
Tops Short 0.3 15.33 0.96
Bottoms Short 0.3 14.32 0.97
alerts
Short Term Upward Sloping Trading Channel