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 0.00 0.00
Bottoms Long 0.72 946.99 1.00
Tops Intermediate 0
Bottoms Intermediate 0.78 951.32 0.97
Tops Short 0.9 962.45 0.99
Bottoms Short 1.26 962.04 0.94
alerts
Short Term Upward Sloping Trading Channel