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 7.45 0.69
Bottoms Long 0 6.61 0.54
Tops Intermediate -0.06 6.78 0.96
Bottoms Intermediate -0.06 6.41 0.84
Tops Short 0 6.89 0.76
Bottoms Short 0 6.95 0.03
alerts
Intermediate Term Downward Sloping Trading Channel