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 3.31 0.82
Bottoms Long 0 2.94 0.90
Tops Intermediate 0 2.91 0.92
Bottoms Intermediate 0 2.61 0.97
Tops Short -0.06 2.75 0.98
Bottoms Short 0 2.74 0.89
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel