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 23.70 0.39
Bottoms Long 0 22.82 0.22
Tops Intermediate 0 22.76 0.89
Bottoms Intermediate 0 21.82 0.90
Tops Short -0.06 21.50 0.89
Bottoms Short -0.06 21.37 0.93
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel