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 7.93 0.52
Bottoms Long 0 7.83 0.66
Tops Intermediate 0 7.95 0.25
Bottoms Intermediate 0 7.80 0.02
Tops Short 0 7.77 0.86
Bottoms Short 0 7.70 0.93
alerts
Short Term Downward Sloping Trading Channel