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 3.46 0.27
Bottoms Long 0 3.15 0.60
Tops Intermediate 0.06 4.70 0.87
Bottoms Intermediate 0.06 3.76 0.85
Tops Short 0.06 4.74 0.54
Bottoms Short 0.06 4.15 0.83
alerts
Intermediate Term Upward Sloping Trading Channel