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 4.09 0.80
Bottoms Long 0 3.62 0.23
Tops Intermediate -0.06 3.72 0.96
Bottoms Intermediate 0 3.48 0.86
Tops Short -0.06 3.54 0.94
Bottoms Short -0.06 3.35 0.89
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel