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 5.69 0.65
Bottoms Long 0 5.50 0.71
Tops Intermediate 0 5.89 0.85
Bottoms Intermediate 0 5.67 0.95
Tops Short 0 5.93 0.52
Bottoms Short 0 5.71 0.46
alerts
Intermediate Term Upward Sloping Trading Channel