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 7.26 0.21
Bottoms Long 0 5.47 0.29
Tops Intermediate -0.12 4.68 0.97
Bottoms Intermediate -0.06 4.39 0.66
Tops Short -0.06 4.63 0.86
Bottoms Short -0.06 4.25 0.82
alerts
Short Term Downward Sloping Trading Channel