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 0.45 0.52
Bottoms Long 0 0.37 0.34
Tops Intermediate 0 0.40 0.98
Bottoms Intermediate 0 0.22 0.95
Tops Short 0 0.34 0.24
Bottoms Short 0 0.33 0.07
alerts
Intermediate Term Downward Sloping Trading Channel