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 4.06 0.37
Bottoms Long 0 2.71 0.60
Tops Intermediate 0 4.58 0.24
Bottoms Intermediate 0 2.98 0.01
Tops Short 0.06 5.55 0.95
Bottoms Short 0.06 5.15 0.88
alerts
Short Term Upward Sloping Trading Channel