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 7.81 0.95
Bottoms Long 0 7.21 0.91
Tops Intermediate 0 7.78 0.81
Bottoms Intermediate 0 6.98 0.19
Tops Short 0 7.90 0.65
Bottoms Short 0 7.43 0.35
alerts
Long Term Upward Sloping Trading Channel