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 5.31 0.94
Bottoms Long 0 5.22 0.85
Tops Intermediate 0 5.14 0.14
Bottoms Intermediate 0 5.04 0.00
Tops Short 0 5.09 0.41
Bottoms Short 0 5.02 0.52
alerts
Long Term Upward Sloping Trading Channel