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 2.32 0.81
Bottoms Long 0 1.87 0.72
Tops Intermediate 0 2.72 0.99
Bottoms Intermediate 0 2.39 1.00
Tops Short 0.06 2.71 0.89
Bottoms Short 0 2.44 0.83
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel