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 6.69 0.88
Bottoms Long 0 6.31 0.86
Tops Intermediate 0 6.94 0.84
Bottoms Intermediate 0 6.36 0.28
Tops Short 0 6.24 0.17
Bottoms Short 0 6.15 0.03
alerts
Long Term Upward Sloping Trading Channel