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 7.07 0.78
Bottoms Long 0 5.67 0.93
Tops Intermediate 0.06 7.67 0.98
Bottoms Intermediate 0 5.82 0.96
Tops Short 0.06 6.78 0.25
Bottoms Short 0 6.09 0.43
alerts
Intermediate Term Upward Sloping Trading Channel