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 1.15 0.98
Bottoms Long 0 1.18 0.83
Tops Intermediate 0 1.15 0.89
Bottoms Intermediate 0 1.13 0.87
Tops Short 0 1.19 0.72
Bottoms Short 0 1.12 0.55
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel