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 1.17 0.84
Bottoms Long 0 1.05 0.70
Tops Intermediate 0 1.27 0.88
Bottoms Intermediate 0 1.20 0.78
Tops Short 0 1.28 0.82
Bottoms Short 0 1.26 0.89
alerts
Short Term Upward Sloping Trading Channel