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 4.33 0.31
Bottoms Long 0 4.19 0.20
Tops Intermediate 0 3.90 0.89
Bottoms Intermediate 0 3.78 0.93
Tops Short 0 4.09 0.15
Bottoms Short 0 3.88 0.58
alerts
Intermediate Term Downward Sloping Trading Channel