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 2.59 0.50
Bottoms Long 0 1.74 0.33
Tops Intermediate 0 2.00 0.07
Bottoms Intermediate 0 2.27 0.31
Tops Short 0.06 3.41 0.84
Bottoms Short 0.06 3.19 0.85
alerts
Short Term Upward Sloping Trading Channel