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 8.24 0.93
Bottoms Long 0 7.66 0.86
Tops Intermediate 0 8.33 0.89
Bottoms Intermediate 0.06 8.17 0.95
Tops Short 0 8.12 0.38
Bottoms Short 0 7.82 0.11
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel