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 0.48 0.31
Bottoms Long 0 0.27 0.27
Tops Intermediate 0.24 12.52 0.55
Bottoms Intermediate 0.18 8.57 0.54
Tops Short 0.84 20.13 0.88
Bottoms Short 0.72 16.65 0.89
alerts
Short Term Upward Sloping Trading Channel