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 2.92 0.58
Bottoms Long 0 0.69 0.68
Tops Intermediate 0 3.24 0.35
Bottoms Intermediate 0 1.65 1.00
Tops Short 0 1.85 0.98
Bottoms Short 0 1.77 0.95
alerts
Short Term Downward Sloping Trading Channel