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 0.00 0.00
Bottoms Long 0 0.66 0.04
Tops Intermediate 0.06 3.18 0.14
Bottoms Intermediate 0.12 4.53 0.27
Tops Short 0.78 20.41 0.82
Bottoms Short 0.66 16.90 0.85
alerts
Short Term Upward Sloping Trading Channel