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 2.80 0.92
Bottoms Long 0 2.64 0.96
Tops Intermediate 0 2.95 0.99
Bottoms Intermediate 0 2.75 0.95
Tops Short 0 2.95 0.90
Bottoms Short 0 2.83 0.96
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel