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 6.89 0.88
Bottoms Long 0 5.36 0.93
Tops Intermediate 0 5.56 0.32
Bottoms Intermediate 0 5.22 0.65
Tops Short 0 5.30 0.81
Bottoms Short 0 5.29 0.42
alerts
Long Term Upward Sloping Trading Channel