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 0.40 0.85
Bottoms Long 0 0.32 0.87
Tops Intermediate 0 0.40 0.68
Bottoms Intermediate 0 0.35 0.78
Tops Short 0.24 6.18 0.53
Bottoms Short 0.18 4.14 0.37
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout