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 0.18 0.13
Bottoms Long 0 0.04 0.04
Tops Intermediate 0 0.56 0.37
Bottoms Intermediate 0 0.28 0.26
Tops Short 0.06 1.29 0.82
Bottoms Short 0.06 1.20 0.81
alerts
Short Term Upward Sloping Trading Channel
Short Term Bearish Breakout