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 8.90 0.58
Bottoms Long -0.06 5.51 0.84
Tops Intermediate -0.12 5.40 0.94
Bottoms Intermediate -0.12 4.50 0.84
Tops Short 0.06 9.31 0.07
Bottoms Short 0.12 10.02 0.45
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout