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 0.29 0.26
Bottoms Long 0 0.21 0.06
Tops Intermediate 0 0.19 0.88
Bottoms Intermediate 0 0.16 0.78
Tops Short 0 0.16 0.88
Bottoms Short 0 0.14 0.84
alerts
Short Term Downward Sloping Trading Channel