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 0.82 0.87
Bottoms Long 0 0.76 0.36
Tops Intermediate 0 0.69 0.92
Bottoms Intermediate 0 0.51 0.98
Tops Short 0 0.63 0.85
Bottoms Short 0 0.55 0.81
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel