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 0.39
Bottoms Long 0 2.44 0.46
Tops Intermediate 0 2.99 0.47
Bottoms Intermediate 0 2.40 0.24
Tops Short 0 3.18 0.87
Bottoms Short 0.06 3.18 0.94
alerts
Short Term Upward Sloping Trading Channel