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 4.69 0.44
Bottoms Long 0 4.08 0.67
Tops Intermediate 0 5.07 0.88
Bottoms Intermediate 0 4.57 0.94
Tops Short 0.06 5.16 0.86
Bottoms Short 0 4.78 0.85
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel