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 6.36 0.54
Bottoms Long 0 6.21 0.98
Tops Intermediate 0.06 7.01 0.93
Bottoms Intermediate 0 6.35 0.83
Tops Short 0 6.89 0.79
Bottoms Short 0 6.44 0.80
alerts
Intermediate Term Upward Sloping Trading Channel