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 14.53 0.92
Bottoms Long -0.06 11.20 0.90
Tops Intermediate 0 15.28 0.00
Bottoms Intermediate -0.06 11.20 0.66
Tops Short 0 13.94 0.09
Bottoms Short -0.06 11.63 0.42
alerts
Long Term Downward Sloping Trading Channel