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 2.19 0.15
Bottoms Long 0 1.66 0.35
Tops Intermediate 0 1.95 0.84
Bottoms Intermediate 0 1.30 0.94
Tops Short 0 1.92 0.02
Bottoms Short 0 1.83 0.02
alerts
Intermediate Term Downward Sloping Trading Channel