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 3.47 0.67
Bottoms Long 0 2.90 0.70
Tops Intermediate 0.06 3.73 0.67
Bottoms Intermediate 0.06 3.47 0.93
Tops Short 0.06 4.70 0.94
Bottoms Short 0.06 3.57 0.86
alerts
Short Term Upward Sloping Trading Channel