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 2.08 0.02
Bottoms Long 0 1.94 0.17
Tops Intermediate 0 2.32 0.93
Bottoms Intermediate 0 2.20 0.90
Tops Short 0 2.34 0.84
Bottoms Short 0 2.31 0.97
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Upward Sloping Trading Channel