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 1.45 0.97
Bottoms Long 0 1.21 0.77
Tops Intermediate 0 1.32 0.96
Bottoms Intermediate 0 1.09 0.88
Tops Short 0 1.70 0.16
Bottoms Short 0 1.46 0.07
alerts
Long Term Bullish Breakout
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout