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 1.99 0.57
Bottoms Long 0 1.34 0.54
Tops Intermediate 0.06 3.04 0.92
Bottoms Intermediate 0.06 1.97 0.90
Tops Short 0.06 2.61 0.50
Bottoms Short 0.06 2.26 0.83
alerts
Intermediate Term Upward Sloping Trading Channel