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 2.02 0.73
Bottoms Long 0 1.43 0.61
Tops Intermediate 0 1.92 0.24
Bottoms Intermediate 0 1.47 0.15
Tops Short -0.06 1.34 0.94
Bottoms Short -0.06 1.08 0.91
alerts
Short Term Downward Sloping Trading Channel