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 1.11 0.42
Bottoms Long 0 0.28 0.54
Tops Intermediate 0 1.65 0.82
Bottoms Intermediate 0 1.22 0.83
Tops Short 0.06 1.77 0.88
Bottoms Short 0.06 1.55 0.96
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel