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 0.12 14.26 0.83
Bottoms Long 0.06 7.88 0.91
Tops Intermediate -0.06 10.37 0.38
Bottoms Intermediate -0.06 6.32 0.32
Tops Short -0.06 8.21 0.24
Bottoms Short 0.06 8.18 0.13
alerts
Long Term Upward Sloping Trading Channel