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 2.91 0.19
Bottoms Long 0 2.18 0.22
Tops Intermediate 0 3.20 0.00
Bottoms Intermediate 0 2.19 0.00
Tops Short 0.06 3.75 0.96
Bottoms Short 0.06 3.41 0.87
alerts
Short Term Upward Sloping Trading Channel