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 1.74 0.04
Bottoms Long 0 1.69 0.02
Tops Intermediate 0 2.90 0.94
Bottoms Intermediate 0 2.63 0.85
Tops Short 0.06 3.12 0.97
Bottoms Short 0.06 2.88 0.82
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel