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 3.73 0.81
Bottoms Long 0 2.94 0.82
Tops Intermediate 0 3.70 0.86
Bottoms Intermediate 0 2.74 0.95
Tops Short 0 3.50 0.12
Bottoms Short 0 3.42 0.04
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel