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 0.24 0.88
Bottoms Long 0 0.28 0.15
Tops Intermediate 0 0.25 0.85
Bottoms Intermediate 0 0.13 0.96
Tops Short 0 0.16 0.68
Bottoms Short 0 0.12 0.93
alerts
Intermediate Term Downward Sloping Trading Channel