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 5.98 0.00
Bottoms Long 0 3.14 0.16
Tops Intermediate -0.06 3.18 0.97
Bottoms Intermediate -0.06 1.54 0.97
Tops Short -0.06 2.95 0.36
Bottoms Short 0 2.91 0.07
alerts
Intermediate Term Downward Sloping Trading Channel