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 1.27 0.88
Bottoms Long 0 0.98 0.95
Tops Intermediate 0 1.16 0.89
Bottoms Intermediate 0 0.93 0.75
Tops Short 0 1.27 0.01
Bottoms Short 0 1.19 0.02
alerts
Long Term Downward Sloping Trading Channel