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 1.85 0.91
Bottoms Long 0 1.09 0.89
Tops Intermediate 0 2.09 0.83
Bottoms Intermediate 0 1.79 0.87
Tops Short 0 1.97 0.70
Bottoms Short 0 1.62 0.56
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout