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 6.07 0.67
Bottoms Long 0 5.76 0.67
Tops Intermediate 0 6.63 0.99
Bottoms Intermediate 0 6.43 0.99
Tops Short 0 6.58 0.96
Bottoms Short 0 6.45 0.99
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel