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 93.00 0.66
Bottoms Long 0.06 86.91 0.86
Tops Intermediate 0 87.55 0.00
Bottoms Intermediate 0.18 89.94 0.72
Tops Short -0.6 75.73 0.96
Bottoms Short -0.48 74.69 0.93
alerts
Long Term Bearish Breakout
Short Term Downward Sloping Trading Channel