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 0.22 0.20
Bottoms Long 0 0.18 0.66
Tops Intermediate 0 0.36 0.36
Bottoms Intermediate 0 0.20 0.02
Tops Short 0 0.57 0.88
Bottoms Short 0 0.45 0.85
alerts
Short Term Upward Sloping Trading Channel