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 4.99 0.85
Bottoms Long 0 3.94 0.89
Tops Intermediate 0 4.55 0.69
Bottoms Intermediate 0 3.98 0.78
Tops Short 0 4.39 0.80
Bottoms Short 0 4.27 0.29
alerts
Long Term Downward Sloping Trading Channel