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 2.10 0.82
Bottoms Long 0 1.54 0.83
Tops Intermediate 0 2.40 0.84
Bottoms Intermediate 0 1.71 0.82
Tops Short 0 2.01 0.17
Bottoms Short 0 1.62 0.02
alerts
Long Term Upward Sloping Trading Channel
Intermediate Term Upward Sloping Trading Channel