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 3.65 0.92
Bottoms Long 0 3.30 0.93
Tops Intermediate -0.06 3.62 0.85
Bottoms Intermediate -0.06 3.23 0.85
Tops Short 0 3.78 0.34
Bottoms Short 0 3.76 0.11
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel