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 1.54 0.68
Bottoms Long 0 1.49 0.70
Tops Intermediate 0 1.88 0.92
Bottoms Intermediate 0 1.78 0.96
Tops Short 0 1.80 0.73
Bottoms Short 0 1.75 0.81
alerts
Intermediate Term Upward Sloping Trading Channel