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 4.57 0.74
Bottoms Long 0 4.55 0.42
Tops Intermediate 0 4.48 0.88
Bottoms Intermediate 0 4.45 0.95
Tops Short 0 4.48 0.82
Bottoms Short 0 4.40 0.89
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel