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 7.31 0.98
Bottoms Long 0 7.33 0.83
Tops Intermediate 0 6.85 0.89
Bottoms Intermediate 0 6.49 0.90
Tops Short 0 6.70 0.94
Bottoms Short -0.06 6.38 0.97
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel