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 1.42 0.89
Bottoms Long 0 1.20 0.93
Tops Intermediate 0 1.62 0.96
Bottoms Intermediate 0 1.35 0.81
Tops Short 0 1.42 0.25
Bottoms Short 0 1.29 0.14
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel