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 4.20 0.91
Bottoms Long 0 3.21 0.98
Tops Intermediate 0 4.46 0.93
Bottoms Intermediate 0 3.90 0.62
Tops Short 0.06 4.36 0.72
Bottoms Short 0.06 4.17 0.75
alerts
Long Term Upward Sloping Trading Channel