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 2.99 0.07
Bottoms Long 0 2.95 0.02
Tops Intermediate 0 3.77 0.34
Bottoms Intermediate 0 3.41 0.71
Tops Short 0.06 4.41 0.88
Bottoms Short 0.06 3.97 0.89
alerts
Short Term Upward Sloping Trading Channel