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 1.46 0.37
Bottoms Long 0 1.12 0.09
Tops Intermediate 0 1.25 0.96
Bottoms Intermediate 0 0.38 1.00
Tops Short 0 1.05 0.08
Bottoms Short 0 1.05 0.01
alerts
Intermediate Term Downward Sloping Trading Channel