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 24.29 0.83
Bottoms Long 0.06 24.08 1.00
Tops Intermediate 0.06 24.40 0.82
Bottoms Intermediate 0 23.49 0.66
Tops Short 0 23.79 0.06
Bottoms Short -0.06 22.77 0.75
alerts
Long Term Upward Sloping Trading Channel