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 3.27 0.85
Bottoms Long 0 2.20 0.76
Tops Intermediate 0.06 3.39 0.72
Bottoms Intermediate 0 2.77 0.78
Tops Short 0.06 3.95 0.85
Bottoms Short 0.06 3.21 0.84
alerts
Short Term Upward Sloping Trading Channel