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 2.56 0.02
Bottoms Long 0 2.08 0.01
Tops Intermediate 0 2.17 0.12
Bottoms Intermediate 0 1.83 0.70
Tops Short 0 1.70 0.96
Bottoms Short 0 1.53 0.93
alerts
Short Term Downward Sloping Trading Channel