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 -0.06 19.48 0.87
Bottoms Long 0 18.88 0.79
Tops Intermediate 0 20.05 0.15
Bottoms Intermediate 0 19.43 0.12
Tops Short -0.06 19.02 0.90
Bottoms Short -0.06 18.67 0.88
alerts
Short Term Downward Sloping Trading Channel