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 9.17 0.62
Bottoms Long 0 9.16 0.51
Tops Intermediate 0 9.87 0.13
Bottoms Intermediate 0 9.41 0.00
Tops Short 0.06 10.24 0.82
Bottoms Short 0.06 9.98 0.88
alerts
Short Term Upward Sloping Trading Channel