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 8.03 0.94
Bottoms Long 0 6.63 0.63
Tops Intermediate 0 7.47 0.27
Bottoms Intermediate 0 6.79 0.10
Tops Short 0.06 8.18 0.88
Bottoms Short 0.06 7.91 0.89
alerts
Short Term Upward Sloping Trading Channel