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 3.85 0.61
Bottoms Long 0 3.10 0.32
Tops Intermediate 0 4.10 0.94
Bottoms Intermediate 0 4.20 0.99
Tops Short 0 4.04 0.47
Bottoms Short 0 4.06 0.63
alerts
Intermediate Term Upward Sloping Trading Channel