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 1.27 0.23
Bottoms Long 0 1.26 0.50
Tops Intermediate 0 1.29 0.81
Bottoms Intermediate 0 1.27 0.64
Tops Short 0 1.30 0.88
Bottoms Short 0 1.28 0.92
alerts
Short Term Upward Sloping Trading Channel