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 5.30 0.99
Bottoms Long 0 5.19 0.92
Tops Intermediate 0 5.29 0.83
Bottoms Intermediate 0 5.13 0.62
Tops Short 0 5.11 0.29
Bottoms Short 0 5.05 0.23
alerts
Long Term Upward Sloping Trading Channel