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 4.87 0.07
Bottoms Long 0 4.71 0.16
Tops Intermediate 0 4.59 0.90
Bottoms Intermediate 0 4.55 0.75
Tops Short 0 4.53 0.94
Bottoms Short 0 4.44 0.82
alerts
Short Term Downward Sloping Trading Channel