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 5.83 0.39
Bottoms Long 0 5.39 0.31
Tops Intermediate -0.06 4.90 0.95
Bottoms Intermediate -0.06 4.47 0.97
Tops Short -0.06 5.07 0.92
Bottoms Short 0 5.07 0.01
alerts
Intermediate Term Downward Sloping Trading Channel