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 6.95 0.88
Bottoms Long 0 5.68 0.74
Tops Intermediate 0 6.92 0.65
Bottoms Intermediate 0 6.31 0.59
Tops Short 0.06 7.15 0.85
Bottoms Short 0.06 6.66 0.95
alerts
Short Term Upward Sloping Trading Channel