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 2.59 0.35
Bottoms Long 0 2.43 0.63
Tops Intermediate 0 3.18 0.85
Bottoms Intermediate 0 2.98 0.92
Tops Short 0 3.01 0.65
Bottoms Short 0 2.87 0.75
alerts
Intermediate Term Upward Sloping Trading Channel