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 6.34 0.01
Bottoms Long 0 4.61 0.03
Tops Intermediate 0 6.96 0.06
Bottoms Intermediate 0.06 5.89 0.20
Tops Short 0.48 16.31 0.97
Bottoms Short 0.36 13.26 0.88
alerts
Short Term Upward Sloping Trading Channel