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 4.18 0.03
Bottoms Long 0 3.48 0.00
Tops Intermediate 0 3.87 0.03
Bottoms Intermediate 0 3.39 0.63
Tops Short 0 3.24 0.95
Bottoms Short 0 3.08 0.96
alerts
Short Term Downward Sloping Trading Channel