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 2.43 0.00
Bottoms Long 0 2.32 0.03
Tops Intermediate 0 1.64 0.91
Bottoms Intermediate 0 1.26 0.85
Tops Short 0 1.63 0.46
Bottoms Short 0 1.40 0.63
alerts
Intermediate Term Downward Sloping Trading Channel