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 3.11 0.99
Bottoms Long 0 2.05 0.97
Tops Intermediate 0.06 3.28 0.81
Bottoms Intermediate 0 1.70 0.66
Tops Short 0.06 3.39 0.80
Bottoms Short 0.06 2.89 0.86
alerts
Long Term Upward Sloping Trading Channel