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 0.54 0.11
Bottoms Long 0 0.32 0.41
Tops Intermediate 0 0.69 0.81
Bottoms Intermediate 0 0.49 0.44
Tops Short 0 0.79 0.95
Bottoms Short 0 0.67 0.93
alerts
Short Term Upward Sloping Trading Channel