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 2.90 0.05
Bottoms Long 0 2.94 0.81
Tops Intermediate 0 2.87 0.25
Bottoms Intermediate 0 2.81 0.89
Tops Short 0 2.80 0.92
Bottoms Short 0 2.79 0.98
alerts
Short Term Downward Sloping Trading Channel