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 2.69 0.86
Bottoms Long 0 1.76 0.97
Tops Intermediate 0 2.26 0.77
Bottoms Intermediate 0 1.89 0.71
Tops Short -0.06 1.98 0.61
Bottoms Short 0 2.08 0.14
alerts
Long Term Downward Sloping Trading Channel