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 2.68 0.86
Bottoms Long 0 2.60 0.83
Tops Intermediate 0 2.69 0.87
Bottoms Intermediate 0 2.62 0.93
Tops Short 0 2.63 0.01
Bottoms Short 0 2.61 0.02
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel