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 7.17 0.67
Bottoms Long 0 5.25 0.49
Tops Intermediate 0.06 8.37 0.98
Bottoms Intermediate 0.06 7.47 0.97
Tops Short 0.06 8.41 0.65
Bottoms Short 0.12 8.27 0.79
alerts
Intermediate Term Upward Sloping Trading Channel