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 3.53 0.95
Bottoms Long 0 3.31 0.94
Tops Intermediate 0 3.58 0.79
Bottoms Intermediate 0 3.21 0.61
Tops Short 0 3.46 0.06
Bottoms Short 0 3.13 0.66
alerts
Long Term Upward Sloping Trading Channel